Man Arrested for Theft of $500K in Jewelry From Allen Iverson (UPDATE)

The theft occurred on Monday at Sofitel Hotel in Philadelphia.

allen iverson jewelry theft
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PHILADELPHIA, PA - MARCH 12: NBA legend Allen Iverson attends the game between the Cleveland Cavaliers and the Philadelphia 76ers on March 12, 2019 at the Wells Fargo Center in Philadelphia, Pennsylvania. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2019 NBAE (Photo by David Dow/NBAE via Getty Images)

allen iverson jewelry theft

UPDATED 1/28, 9:47 p.m. ET: 21-year-old Christopher Daniel has turned himself in for the theft of around $500,000 of jewelry ​​​​​​​from Allen Iverson, NBC10 reports. Daniel​​​​​​​ has been charged with theft-unlawful taking and theft-receiving stolen property​​​​​​​.

TMZ reports that the jewelry was returned. 

"Allen thanks the Philadelphia Police Department along with the people of Philadelphia for their support in this matter," Gary D. Moore, Iverson's manager, said.

"An incident was reported in the hotel lobby, which the local authorities are handling with full cooperation from the hotel," Sofitel, the hotel where the theft took place, said in a statement. "As always, the safety and security of our guests and colleagues remains our top priority."

See original story below.

$500,000 worth of jewelry was stolen from Allen Iverson after a man took the former NBA player's backpack, NBC10 reports.

The reported theft of the Hall of Famer's jewelry-filled backpack took place at Sofitel Hotel in downtown Philadelphia on Monday morning.

Police are still searching for the unidentified suspect.

UPDATE: Sources confirmed with NBC10 that the $500,000 worth of jewelry stolen from a backpack inside a Center City hotel belonged to 76ers legend Allen Iverson: https://t.co/mavVXfIo3v pic.twitter.com/ByQfExOf3a

Speaking of jewelry thefts, earlier this month it was reported that YG had over $400,000 in jewelry, which was housed in a briefcase, taken from his Los Angeles hotel room. The theft reportedly took place between late on New Year's Eve and the morning of New Year's Day at the London in Beverly Hills. YG became aware of the theft after picking up said briefcase and feeling that it was considerably lighter than he remembered it being. At the time, TMZ reported that YG notified police of the theft  5 days after it occurred.

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