Lord Ara Darzi has his £200,000 Richard Mille watch snatched from his arm by robbers who then flee on a speed boat on Italian island of Capri
The House of Lords member was seen in footage strolling through a narrow street between the Piazzetta and Via Camerelle in Capri at around 10:30pm on July 13.
According to local authorities, two robbers stalked the 65-year-old down the path before quickly snatching the designer watch from his arm.
Witnesses revealed that following the robbery, the two criminals fled on foot to the Gardens of Augustus, before taking the famous pathway Via Krupp to board a small speed boat they had left moored in Marina Piccola.
The local police forces are now working to reconstruct the shocking incident by reviewing footage from several security cameras in the area.
Video shared in local media shows the leading British politician walking amid a group of people outside what appears to be a shop.
A man in a white t-shirt can be seen lingering nearby before making his to position himself behind Darzi.
Suddenly, the unknown man makes a grabbing motion to the figure behind him before he sprints off.
Another man who was standing nearby in a red top also runs in the same direction as the robber before a person who appears to be a baffled Darzi is seen following in disbelief.
Speaking to the MailOnline, Darzi said: 'I'm currently on holiday with my family in Capri after what has been a very busy year in the NHS.
'Last night, I was robbed by two men who snatched a watch I was wearing. We were all shaken up, but thankfully no one was hurt.
'The watch was a gift from the father of a patient whose life I saved six years ago.
'Sadly, like too many Brits abroad, I've now experienced street crime firsthand. My advice to fellow holidaymakers is simple: be careful and leave your valuables at home'.
Baron Darzi of Denham had been vacationing in the Gulf of Naples on his yacht for a few days prior to the robbery.
Darzi, in addition to being a British politician, is a professor at Imperial College London and co-director of the British Institute of Public Health.
His watch, a Richard Mille, is incredibly rare with only a select few individuals able to purchase one.
The luxury brand only produces around 5,000 watches a year and they only sell to people with elite connections and influence, including Elon Musk and Jay-Z.
Lord Ara Darzi, 65, a former health minister and surgeon, had been vacationing in the Gulf of Naples on his yacht for a few days prior to the robbery
It comes after a British expat had his £43,000 Rolex watch stolen off his wrist as he sat in his £250,000 Lamborghini last month.
Simone Mariella said her partner, Scott, was taking part in a supercar rally in Barcelona, Spain, when two crooks on an electric scooter targeted him on June 23.
Scott had his expensive timepiece pinched before the thief and his accomplice zoomed off on the e-scooter.
He was unable to chase after them as he was stuck behind a similar supercar.
And a pedestrian thought to have been murdered for his Rolex in Knightsbridge earlier this month was a father-of-two and grandson of a champion boxer who had been just been for a romantic dinner with his partner, MailOnline revealed on Thursday.
Blue Stevens, 26, died in broad daylight outside the £1,650-a-night 5-star Park Tower Hotel and Casino, which is directly across the road from the Harvey Nichols department store in central London.
Blue's friends claimed that he had just been for a 'posh meal' when a masked mugger attempted to snatch his gold watch while riding a bike or e-scooter.
He is from a family of famous boxers and was fatally stabbed in the chest when he fought back. His grandfather was celebrated heavyweight Les Stevens, who won bronze at the 1970 Commonwealth Games.
Friends said Blue, from Hampshire, loved buying the 'sparkliest' watches he could find and was pictured recently on social media wearing a Datejust 36mm oystersteel and gold Rolex, which is worth £12,250.
The Metropolitan Police are probing whether the incident was a targeted attack and said the theft of his watch remains a line of inquiry.
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