Thieves swiped £50 million pounds (NZ$100m) worth of gems and jewellery in a raid of a London home owned by the daughter of former Formula One mogul Bernie Ecclestone.
Tamara Ecclestone's £70m pound home near Kensington Palace, which has 57 rooms, was raided for almost an hour after she left the property for the Christmas holidays, UK media report.
"I don't have all the facts but given all the security at the house, I'm assuming it was an inside job. The police should be able to work it out shouldn't they?" Bernie Ecclestone told the Sun.
"Tamara is fine, she's not happy but thank god no one was in the house. No one was at home apart from security," he added.
"It's all a bit funny at the moment. These things happen and you've got to get on with things."