We report the detection of CO (3-->2) emission from the submillimeter-selec
ted luminous galaxy SMM J14011 + 0252. The optical counterpart of the submi
llimeter source has been identified as a merger system with spectral charac
teristics consistent with a starburst at z = 2.565. The CO emission confirm
s the optical identification of the submillimeter source and implies a mole
cular gas mass of 5 x 10(10) h(75)(-3) M-., after correcting for a lensing
amplification factor of 2.75, The large molecular gas mass and the radio em
ission are consistent with the starburst interpretation of the source. Thes
e results are similar to those found for SMM J02399-0136, which was the fir
st submillimeter-selected CO source found at high redshift. The CO detectio
ns of these two high-redshift submillimeter galaxies suggest the presence o
f massive reservoirs of molecular gas, which is consistent with the inferre
d high rates of star formation (10(3) M-. yr(-1)). These two systems appear
to be associated with merger events which may evolve into present-day lumi
nous elliptical galaxies.