Frances McDormand's Oscar Was Stolen (& Recovered) At An Afterparty

Best Actress winner Frances McDormand had not been in possesion of her Oscar for Three Billboards Outside Ebbing, Missouri for long when the trophy slunk away. You heard us right: McDormand's Oscar was stolen at the Governors Ball Academy Awards afterparty Sunday night and remained at large briefly before being found and returned.

A suspect, Terry Bryant, has been arrested by the Los Angeles Police Department. A photographer spotted Bryant and was able to track him down--he was arrested at 11:50 PM and charged with felony grand theft. Bryant had posted a video to Facebook earlier in the evening holding McDormand's statue, where he kisses it and says "Lookit, baby -- this is mine. My team got this tonight." Take a look:

The New York Times' Cara Buckley reports that the trophy was stolen when McDormand had set it down while chatting with someone. Buckley also reports that McDormand has said to let the perpetrator go; however, that sentiment has not been confirmed by any representative of the actress.

USA Todayreports that before the trophy was returned, "McDormand was spotted crying emotionally outside the Governors Awards ball after giving up the search for the statuette on the premises, and departing with her husband, filmmaker Joel Coen."