Suspected Picasso Art Thief Under Arrest - KCOY Santa Maria, Santa Barbara, San Luis Obispo - News

Suspected Picasso Art Thief Under Arrest

San Francisco  (CNN) – The man accused of stealing a Picasso drawing from a San Francisco art gallery is under arrest. Police arrested the suspect who they say stole the $200,000 Picasso piece Tuesday from the Weinstein Gallery.

30 year old Mark Lugo, from New Jersey, was arrested Thursday in Napa, California where he was spending time with friends. His bail has been set at $5 million dollars.

Lugo is charged with six separate counts including burglary, grand theft and possession of controlled substance without prescription.  Investigators say he walked into the gallery, removed the drawing from the wall, then walked out.  Police say Lugo was caught on surveillance video walking down the street with the drawing under his arm.  He then entered a cab that appeared to be waiting and drove away.

The stolen artwork is a pencil-and-paper piece by Picasso entitled "Tete de Femme," or "Head of a Woman" was found in Lugo's hotel room packed in a Fed-Ex box.