The Ronni Chasen murder case is nearly closed.
Chasen, a Hollywood publicist, was gunned down on November 16, shortly after leaving a premiere party in honor of the film Burlesque.
On December 1, ballistics tests matched the gun Harold Martin Smith used to kill himself with the one used to kill Chasin.
This evidence, combined with a neighbor who claimed Smith had bragged about murdering Chasen, led police to believe a professional hit was put on the publicist. But a subsequent investigation has authorities stating otherwise.
Det. Sgt. Mike Publicker said cops think this was a "random act of violence," a case of a "robbery gone bad."
"Interviews we've conducted lead us to believe [Smith] was in a desperate point in his life," Publicker added. "We believe he intended to rob her. We don't believe he was a paid hitman."
Beverly Hills Police Chief David Snowden repeated this sentiment in a press conference with reporters this afternoon. He said the investigation remains open, however, and is approximately 60-70 percent complete.