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ThePrintPOD: $20 mn gold heist: Canada submits extradition request for Mohali man, another held at Pearson Airport

Jan 13, 2026
Delve into the audacious $20 million gold heist in Canada that triggered an extradition request for Simran Panesar. Discover Panesar's intriguing background, including his connection to Air Canada and his money-laundering challenges. Unpack the dramatic arrest of Arsalan Chaudhary at Pearson Airport, and learn about the elaborate conspiracy tied to the theft of 6,600 gold bars. Explore shocking claims of lavish spending by Panesar, funded by the heist. This gripping tale weaves criminal masterminds with high-stakes police investigations.
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INSIGHT

Extradition Filed For Alleged Mastermind

  • Canadian authorities have sought extradition for Simran Preet Panesar over a $20 million gold theft at Toronto's Pearson Airport.
  • Peel Regional Police say Panesar, a former Air Canada manager, faces charges including theft over $5,000 and conspiracy.
ANECDOTE

Arrest At Pearson And Canada-Wide Warrant

  • Peel Regional Police arrested one of nine suspects, Arsalan Chaudhary, when he arrived at Pearson from Dubai.
  • A Canada-wide arrest warrant targets Panesar who is believed to be in India.
ANECDOTE

How The Heist Unfolded At Pearson

  • The daring heist occurred on 17 April 2023 when a consignment of 6,600 gold bars from Switzerland was taken after arrival on an Air Canada flight.
  • Peel Police allege Panesar conspired with at least eight suspects and used an inside driver to remove the shipment.
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