Paramount Pictures has acquired film rights to the Wired magazine article The Untold Story of the World's Biggest Diamond Heist, by Joshua Davis, with J.J. Abrams producing with an option to direct.

According to The Hollywood Reporter, no writer has yet been hired.

The article, which will be published in the April issue of Wired, describes the true story of an unprecedented diamond heist in Antwerp, Belgium, and the crew that pulled it off. In early 2003, a small group of Italian thieves miraculously circumvented 10 layers of security to access a vault beneath the Antwerp Diamond Center and make off with a purported $100 million in diamonds, gold and jewelry (the actual value is still a mystery).

Over six years, Davis scored a series of interviews with the ringleader, incarcerated in a Belgian prison, who finally divulged, in French, just how it was done. Davis acquired the subject's life rights in the process.

No production date has been set.