After a three-month operation, police nabbed 16 suspects late Monday. They swooped just before the alleged gang was able to use its impressively equipped tunnel to enter the safe at a Banco do Brasil branch in the country’s financial capital.
According to the authorities, the men said they were after one billion reais, or about $317 million.
“It would have been the world’s biggest heist,” said police chief Fabio Pinheiro Lopes on Globo television.
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