TMZ: Stolen Oscars Dress Is Back, Had Fake Pearls

The tale of a stolen Oscars dress is developing into a Hollywood-esque plot. TMZ reports that the dress worn by actress Lupita Nyong'o has been returned—and that its pearls were fake anyway. The website says the purported thief called to say he took the Calvin Klein dress from the actress's hotel room, removed two of the pearls for appraisal, and learned they were fake.

He then returned the dress to the hotel, and authorities found it—or at least one that "strongly resembles" it—right where he said it would be stashed, reports AP. So is the supposedly $150,000 dress not worth anything close to that? It appears so: TMZ quotes a source close to CK designer Francisco Costa: "I always assumed everyone knew they were fake, but I guess not." (More Calvin Klein stories.)