WTSP-TV, Tampa

CLEARWATER, Fla. — Police are investigating the theft of an expensive piece of memorabilia — an autographed wrestling shoe once worn by Hulk Hogan taken from his shop on Clearwater Beach.

The shoe, valued at $5,500, was taken Sunday about 5:20 p.m. by a white female in her 50's.

Police say four women — possibly from Michigan on spring break — came into Hogan's Beach Shop at 5:16 p.m. Four minutes later, a large statue of Hogan fell over outside the premises, and store workers were temporarily distracted.

That's when the theft occurred.

Employees did not know the Steve Cardillo wrestling shoe was missing until Tuesday evening.