Police arrested former CFL coach Kevin Strasser on Tuesday, accusing him of stealing and pawning a high school student’s high-end wristwatch.

Strasser, now head coach of Oregon City High School’s football team, was taken into custody at his home in Oak Grove, Ore., on suspicion of first-degree theft and official misconduct.

Bail was set at $22,500, to which Strasser posted a 10% security deposit against and was released Wednesday, pending an arraignment on Sept. 24.

Oregon City Police Sgt. Matthew Paschall told The Oregonian that the student, who graduated in May, lost his jewel-encrusted Ice Time watch, which included many features, during his last week of school.

“But he didn't report it,” Paschall said. “He figured it was gone.”

Earlier this week, however, a friend of the victim spotted a similar watch in a pawn shop. After taking a look, the victim reported the theft.

Officers then checked the shop’s records to see who brought in the item.

“That’s when we did a probable-cause arrest of Mr. Strasser,” Paschall said.

Strasser was suspended by the school district pending the outcome of the case. The watch was returned to the student.

Strasser, 42, spent nine seasons in the CFL and was an offensive co-ordinator for the Montreal Alouettes and Edmonton Eskimos.