(Cannes) -- Officials in France now say an armed thief actually made off with 136-million dollars worth of jewelry in what's being referred to as the "Heist of the Century." Police had previously said the weekend robbery at a hotel in Cannes netted the robber rings, watches and earrings worth 53-million dollars. The value of the stolen items was raised once a more complete inventory was taken. Police are searching for a lone suspect who fled on foot. The city on the French Riviera where the robbery occurred is home to the Cannes Film Festival.