Stolen Picassos Recovered

Trio busted in theft of $66M paintings lifted from Paris home of artist's granddaughter
By Dustin Lushing,  Newser Staff
Posted Aug 9, 2007 5:18 AM CDT
In this photo released by the Picasso Administration in Paris on Feb. 28, 2007, "Portrait of Jacqueline", a 1961 oil on canvass by artist Pablo Picasso is seen. French investigators recovered two Picasso...   (Associated Press)
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(Newser) – Two stolen Picassos worth more than $66 million have been recovered by French police who swooped in as the thieves were about to sell the rolled-up canvases. Tipped off by a suspicious art dealer, investigators set up round-the-clock surveillance of  the suspects for more than a month. Three men have been arrested.

The paintings were stolen in February from the Left Bank apartment of Picasso's granddaughter. One of the portraits is of her mother as a young girl in pigtails, painted in 1938; the other is a black and white portrait of Picasso's second wife from 1961. The burglars used knives to cut the paintings from their frames, but experts have yet to assess damage.