"No, but Nita Borelle had. So she knew that it was upstairs in Lady Beryl's boudoir. She must have been horribly disappointed when she found it wasn't in the safe with the gold and the other jewels. Weren't you, my girl? And then to learn so easily where it was!"

"But how did she get into the safe?" demanded Brian Desmond, eagerly.

"Just a moment," returned Cleek. "Wait till I show you what she got out!" And he pulled out of his pocket the very sponge that Margot had thrown down so contemptuously. The manacled woman gave a little sound indicative of despair and rage.

"After all your work, too, eh, mademoiselle!" And Cleek, tearing aside the substance, showed how the various stones had been pushed down the openings of the sponge. "She must have snatched up the jewels, brought them to the bedroom, and hidden them while you slept that drugged sleep. How pleased she must have been to be able to add the pearl to the collection! See, here it is," and he squeezed out the shining jewel itself onto the table. "She wasn't too excited, though, to leave the case beside Mr. Carlyle. Then all she had to do was to drop the sponge out of the window directly it was dusk, and Borelle could pick it up and walk off unseen. And now I think the riddle is solved, my friends."

"Yes, all but the safe," said Brian Desmond once more. "I don't see how she got the money and these jewels out before five o'clock when the safe was opened."

Cleek smiled at his host.

"That? Oh, quite simple, my dear sir, when you see the scheme. Look."

He crossed to the time-lock.

"Do you see, the dial is immovable, but a screw has been taken from the clockwork at the back, so that the body of the clock could be shifted round a quarter; so that when I set that clock last night for one o'clock, I knew it could be opened with the key at ten. And mademoiselle had so arranged it on days when it was only simply locked. She had turned the clock so that when Mr. Desmond set the dial for five the following day, at two o'clock her duplicate key would fit it, when she could remove the money and jewels, re-set it to open at five, and there you are! Only unfortunately for him Mr. Carlyle interfered with her plan—and his interference was very nearly fatal to him. I saw that the two little marks which should tally on the rim and the clock body were not together, and when I tried it for myself, I knew the secret.

"Well, it is solved now, and there only remains one other thing, and that is to dispose of this woman. Will you send for the local police, Mr. Desmond?" Cleek flashed an inquiring look at his host, who in his turn was mutely questioning Lady Beryl.