The Pink Panther ending explained (spoilers)

[richard]

Charles and George Litton both try to steal the diamond, but it isn't there. They try to escape in cars, but end up getting lost, crashing and being caught by Clouseau. The Princess hid the diamond out of fear, but didn't intend for the Littons to be arrested. Clouseau's wife (also in cahoots with the Littons) hides the diamond on Clouseau's person, so he accidently gets it out at the trial and is convicted himself. As the Police drive Clouseau to prison, Charles notes that Clouseau will be freed the next time the Phantom strikes. The movie ends with the Police car running down the animated Pink Panther.

[Davidmycle]

Clouseau solves the case : the killer is Yuri, the trainer. He killed Gluant out of envy and was forced to kill Bizu after the latter started blackmailing him. Yuri is captured by Clouseau at the presidential palace right before he can kill Xania, who had been ignoring his advances. The Pink Panther itself is hidden in Xanias purse; she received it as an engagement gift from Gluant right before he died and didnt reveal this out of fear of becoming a suspect.Clouseau receives the Medal of Honour, then continues to severely (but always accidentally) injure Dreyfus.