By Jenn Bernstein, Syma Chowdhry

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ATLANTIC CITY, N.J. (CBS) — Police are searching for three men who stole hundreds of thousands of dollars worth of jewelry during a smash-and-grab at an Atlantic City casino Monday night.

Around 8:45 p.m., police received a call from security at the Borgata Hotel Casino & Spa reporting a theft at the Borgata Jewels jewelry store. (See Related Story)

Police are describing the theft as a smash-and-grab.

The store was open at the time, with only one employee working.

Initial reports estimated the theft at around $500,000, but after taking a full inventory of the store, the value was adjusted to just under $200,000. Investigators say the thieves took Rolex wristwatches.

“It was definitely a mission statement – they knew what they were doing and they were very precise,” said Atlantic City Police Captain Charles Love.

Atlantic City Police are asking people to take a close look at photos of the three men from surveillance inside the Borgata.

One suspect had on a blue jacket, another had a grey-hooded sweatshirt, and a third man was wearing a dark-colored jacket.

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The trio then ran out of the Casino and Hotel and sped away in a dark-colored vehicle.

“If any motorists saw a car pull over in the area of the Borgata or Huron Avenue, we’d be interested into talking to those folks,” said Atlantic City Police Sergeant Monica McMenamin.

The Borgata released the following statement:

“Borgata is fully assisting and cooperating with law enforcement in their efforts to find and prosecute the people involved.

None of the assailants were armed and no one was harmed in the incident.

Borgata cannot discuss any further details at this time as the event is still under investigation.”

Anyone with information about this incident is urged to contact the Atlantic City Police Department Criminal Investigations Unit at 609-347-5766. Information can be text to TIP411 (847411). Begin the text with ACPD. All texts are anonymous. Information can also be called into Crimestoppers at 609-652-1234.

This is all happening as the Borgata celebrates its 10th year anniversary this weekend.

It opened on July 2nd, 2003.

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