Egyptian officials announced this week that a 3,000-year-old bracelet belonging to an ancient pharaoh had been stolen from Cairo's famous Egyptian Museum and then melted down for gold.
Tourism and Antiquities Minister Sherif Fathy said in a television interview late Saturday that the bracelet was stolen on September 9 while officials at the museum were preparing objects for an exhibition in Italy. He blamed a "lack" in the implementation of procedures at the facility and said prosecutors were still investigating.
The bracelet, which contained a lapis lazuli bead, belonged to Pharaoh Amenemope, who reigned about 3,000 years ago. Authorities said the bracelet was taken from a restoration lab at the museum and then passed through a chain of dealers before being melted down. The minister said the lab had no security cameras.
Four suspects have been arrested, including a museum restoration specialist who confessed to giving the bracelet to an acquaintance who owns a silver shop in Cairo's Sayyeda Zainab neighborhood. It is suspected that it was later sold to the owner of a goldsmith's shop for the equivalent of about $3,800.
Eventually the bracelet was sold for about $4,000 to a worker at another goldsmith's shop, who melted the bracelet down to make other gold jewelry.
The suspects confessed to their crimes and the money was seized, the ministry said in a statement on Thursday.
The ministry also released a security camera video showing a store owner taking a bracelet, weighing it and then paying one of the suspects.