A man was arrested Tuesday for allegedly swiping former NBA star Allen Iverson’s backpack that had $500,000 in jewelry in it at a Philadelphia hotel, a report said.

The suspect, 20-year-old Christopher Daniel, surrendered to police in the city and is facing several theft charges, Fox News reported.

The former Philadelphia 76ers guard was at the Sofitel Hotel in downtown Philadelphia when Danial allegedly grabbed the bag from a chair on Monday morning and ran off, according to Fox.

Iverson released a statement about the theft through a spokesperson Tuesday.

“As of today, the jewelry that was stolen from Allen Iverson has been found and the suspect has been apprehended,” the statement said, according to Fox.

“Allen thanks the Philadelphia Police Department along with the people of Philadelphia for their support in this matter,” he added.