For the second time in less than two years a high-end Vancouver jeweller has been brazenly robbed.

Just before 5:00 p.m. Monday, police say multiple people entered Monte Cristo jewelry store on West Hastings Street (at Hornby), and made off with a "significant quantity" of jewelry and other goods.

Const. Lindsay Houghton says they're not sure if any weapons were used during the heist.

A witness at the scene told CTV News he saw a woman with a handgun in her back pocket in the area shortly after the robbery.

Investigators from Vancouver Police are now canvassing the scene, speaking to witnesses and gathering evidence.

This is the second major robbery for the high-end retailer since 2007.

Thousands of dollars in merchandise was taken from their Oakridge Centre location in a November 2007 heist. During the robbery two men ordered employees to load tens of thousands of dollars in Rolex watches into a bag.

One of the men was arrested at the scene but Anthony James Johnson, 38, wasn't caught for another week.

All of the jewellery was recovered.