CR2032 batteries that are in airtags are NOT lithium-ion, they're non-rechargeable and are usually Lithium/Manganese Dioxide [1] (lithium metal). I believe they're fine to have in checked luggage if contained inside some equipment (like the airtag). [2] Look for PI 970
If transported by themselves, they're cargo aircraft only.
They're fine to have in checked luggage (under some restrictions). But the device containing them must be completely switched off, according to the rules. That is at issue here.