The pearl-encrusted couture Calvin Klein stolen from the Lupita Nyong'o's hotel room on tuesday has been found to be a FAKE!
The thief who took the gown says he threw the Oscar dress over the Balcony and someone on the ground picked it up, according to TMZ
He told TMZ he removed 2 of the 6,000 pearls from the dress to have them authenticated in downtown Los Angeles' garment district and they were reportedly found to be fake.
So much for the gown's estimated $150,000 value!
After tipping TMZ off about the hoax, the thief returned the much less valuable dress in a garbage bag to the London hotel, where it was left in a bathroom.
The thief tipped them off because he wanted the world to know "Hollywood's fake bullsh-t."
"This was an amazing collaboration between the brand and Lupita and the dress looked truly exquisite on her. Once it's returned to us, we will be able to have the dress restored and archived, as it now represents an important moment for the brand."
A source connected with Francisco Costa, Women's Creative Director of Calvin Klein Collection, explained:
"Did anyone ever say they were real from Calvin Klein? I always assumed everyone knew they were fake, but I guess not. Do they really make dresses out of real jewels since Cleopatra died?"
The actress released a statement, exclaiming:
"I'm happy that it has been potentially recovered. It is a timeless and priceless piece of art."
At least we know it's white and not black and blue.
The L.A. County Sheriffs are investigating the case.