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.

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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