Police have made an arrest in the Pearson gold theft case of more than $20 million

Peel Regional Police investigators say more arrests have been made in connection with the incident Theft of $20 million worth of gold at Toronto Pearson International Airport.

The arrests come a year after the theft, which took place on the evening of April 17, 2023. At the time, police said a cargo container containing gold and other goods was stolen from the airport's cargo hold.

So far, no suspects have been identified.

Police said they will announce the results of Project 24K at 8:30 am on Wednesday.

Pearson Airport is often used to transport gold mined in Canada so it can be shipped to customers around the world.

The flight landed on April 17, 2023 before 16:00. Police said the shipments, which were believed to be stored in containers about five to six square feet, were placed in an Air Canada warehouse at the airport two hours later.

Last year, Brinks International sued Air CanadaThe suspect said that he entered the cargo facility using a false document.

The company said Air Canada employees failed to properly investigate and authenticate a document shared by an “unknown person” during the planned theft.

Air Canada has denied the allegations, saying the company did not carry valuable cargo insurance.

With files from CityNews' Lucas Casaletto and Toronto News Radio 680's Phil Martino