Wild Things: Diamonds in the Rough (2005) on Netflix

In Blue Bay, South Florida, Marie Clifton, stepdaughter of billionaire Jay Clifton is angry when Jay refuses to give her a pair of $4 million diamonds that she has been inherited by her recently deceased mother. That is until, police detective Michael Morrison arrests Jay when he has been accused of raping troubled bad girl Elena Sandoval who is on probation. But Detective Morrison and Elena's probation officer Kristin Richards investigating the case become suspicious and suspects a conspiracy behind the rape case. Where they suspect Marie and Elena, helped by their lover, Dr. Chad Johnson have both set up Jay and plot to steal the diamonds and they set out to foil their scheme.