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2 men arrested in connection with $300,000 jewelry heist at Conestoga Mall in Waterloo

Lease termination closes Waterloo skincare shop. Meanwhile, some customers say it's for the better. Nick Westoll / File / Global News

Waterloo Regional Police say two men have been arrested in connection with a robbery at Conestoga Mall in Waterloo on Tuesday evening.

They say three men, who were carrying weapons including an axe and a crowbar, entered a jewelry store and proceeded to smash several display cases, before making off with $300,000 worth of jewelry.

Read more: SIU investigates Waterloo resident’s death during police wellness check

Police say one man was arrested at the mall while a second was nabbed a short distance away.

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They also said the stolen goods were recovered.

An 18-year-old Toronto man is facing charges of robbery with a weapon and possession of a weapon while a 20-year-old man from York has been charged with robbery with a weapon.

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“We are continuing to investigate and looking for third suspect,” police spokesperson Cherri Greeno told Global News in an email.

Read more: Waterloo Regional Police investigate early morning home invasion at Kitchener residence

She says they are continuing to investigate the incident.

“We are looking to speak to anyone with information or video.”

Anyone with information is being asked to call 519-570-9777 or Crime Stoppers at 1-800-222-8477.

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