Thief Makes Off with Millions In Jewels

Update: This morning on "NewDay," find out why this jewelry heist – which now estimated to be at $136 million – may be the biggest in history.

Join us from 6-9am ET on CNN and be sure to follow along on Twitter!

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A major jewelry thief in Cannes, France is shocking authorities for being all to daring to get away without being stopped.

The Ritz Carlton hotel, the setting for the iconic movie "To Catch a Thief," was the site of one of Europe's biggest jewelry heists Saturday morning when a thief walked away with millions of dollars worth of jewels from the swanky hotel.

“You can imagine the shock and surprise when a man armed with a gun was able to enter the hotel and steal millions of dollars in jewelry,” reports CNN’s Erin McLaughlin.

“Police say a robber whose face was covered by a hat and starve threatened to shoot visitors and guests during the hold-up,” she says.

“Authorities this morning are looking for surveillance footage of the crime.”

While not a single shot was fired and no one was hurt, the questions being raised are how this could have happened and why there wasn’t more security.