A man has been arrested

A man is being questioned after Frances McDormand's Best Actress Oscar was stolen.

It's understood to have been taken at an after-party following the ceremony in Hollywood.

The 60 year old was reportedly spotted crying outside of the Governors Ball when she noticed that her award had gone missing.

The thief was apparently caught on camera by the chef's photographer while he was taking pictures of the food.

The 47-year-old's being held on suspicion of felony grand theft.

The actress has since been reunited with her statue.