NOTE: This article has been edited from a previous version.

Australian gold bars with a kangaroo pattern on the back obtained with stolen money have turned up for sale in Toronto.

A total of 75 Australian gold bars weighing 311grams (10 Troy ounces) each were part of a purchase made in Montreal with a $1,895,751 bank draft investigators say was fraudulently obtained in Toronto last month.

Canadian jewellers and precious metal dealers are being warned and The Canadian Bankers Association has offered a $50,000 reward for information leading to an arrest, conviction and recovery of the gold bars.

Two men have already been arrested and others are being sought in the fraudulent purchase.

Described as being “unique”, the gold bars were minted in Perth, Australia, and bear that mint’s symbol on the front and kangaroos in a wallpaper pattern on the back.

“Each of those bars is worth about $13,000. There were other gold bars purchased but 75 were from the Perth mint. These are very unique and very noticeable,” said Det. Ruth Moran, of the Toronto police financial crimes unit.

A man tried to sell some of the bars to a dealer in Toronto on February 14, three days after the gold buy in Montreal, but was turned down, Moran said. That man was arrested three days later, but no gold was recovered.

“There was another attempt to sell a bar in Toronto on the 16th and we have that bar,” she added. Police arrested a man as he tried to sell that bar to a gold buyer, police said.

Most companies dealing in gold are likely to know about the fraudulent gold purchase by now and should contact police with information if they are offered the Australian gold bars by a seller.

If caught with one of the bars a person could be charged with possession of stolen property.

Toronto residents Senthuran Kanapathipillai, 32, and Thevarajah Thambipillai, 55, are each charged with possession of property obtained by crime.

Anyone with information is asked to contact police at 416-808-7300, Crime Stoppers anonymously at 416-222-TIPS (8477), online at www.222tips.com, text TOR and your message to CRIMES (274637), or contact Leave A Tip on Facebook.