Paris (CNN) — Two suspects arrested in connection with the theft of France’s crown jewels from the Louvre museum have admitted involvement in the heist and have been remanded in custody, the Paris prosecutor’s office said on Wednesday.

The Paris prosecutor also said the stolen jewels are not in the authorities’ possession.

The two suspects will be presented before an investigative judge and could be placed under formal investigation later on Wednesday, Paris Prosecutor Laure Beccuau said in a news conference.

The heist – a brazen, seven-minute daylight raid on the Louvre’s Apollo Gallery – captured the world’s attention after thieves escaped with jewels worth tens of millions.

The two men were arrested Saturday evening and held in custody, where they were questioned for 96 hours.

The

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