We report the first detection of CO emission lines at high spectral resolution in the day-side infrared thermal spectrum of an exoplanet. These emission lines, found in the atmosphere of the ultra hot Jupiter WASP-33 b, provide unambiguous evidence of its thermal inversion layer. Using spectra from the MMT Exoplanet Atmosphere Survey (MEASURE, π
βΌ 15, 000), covering pre-and post-eclipse orbital phases (0.33 < π < 0.73), we performed a cross-correlation analysis with 1D PHOENIX model atmospheres to detect CO at S/N=7.9 at π£ π π¦π = 0.15 +0.64 β0.65 km/s and πΎ π = 229.5 +1.1 β1.0 km/s. However, using the framework of Cross-Correlation-to-log-Likelihood mapping, we further find that the spectral line depths, as probed by the scaling parameter, change with phase: the line contrast is larger after the eclipse than before. We then use the general circulation model SPARC/MITgcm post-processed by the 3D gCMCRT radiative transfer code and interpret this variation as due to an eastward-shifted hot spot. Before the eclipse, when the hot spot is facing Earth, the thermal profiles are shallower, leading to a smaller line depth despite greater overall flux. After the eclipse, the western part of the day-side is facing Earth, where the thermal profiles are much steeper, leading to larger line depth despite less overall flux. We thus demonstrate that even relatively moderate resolution spectra can be used to understand the 3D nature of close-in exoplanets, if assessed within the log-likelihood framework, and that resolution can be traded for photon collecting power when the induced Doppler-shift is sufficiently large. We highlight that CO in ultra hot Jupiters is a good probe of their thermal structure and corresponding dynamics, and does not suffer from stellar activity unlike some atomic species, such as iron, that also appear in the hot host star spectrum.