Alleged Thief of Frances McDormand's Oscar Charged With Felony

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Frances McDormand

The suspect is being held on $20,000 bail.

The man accused of stealing Frances McDormand's Oscar at the Governors Ball on Sunday night was charged Tuesday, the Los Angeles County district attorney's office confirmed to The Hollywood Reporter.

Terry Bryant, 47, was charged with felony theft, according to the D.A.'s office. 

While the Oscar belongs to McDormand, Oscar winners sign an agreement with the Academy that if they or their heirs ever want to sell the trophy, they must offer it first to the Academy, which has the right to buy it for $1 million, an agreement that is designed to keep Oscars off the auction market. The organization is working with authorities on the investigation. McDormand has yet to publicly comment on the situation. 

Bryant is accused of stealing McDormand's best actress Oscar, won for her role in Three Billboards Outside Ebbing, Missouri, at the post-show party and pretending the award was his. The suspect even posted a video of himself with the statuette on social media. The video has since been removed. It is unclear by whom. 

The tuxedo-wearing Bryant was stopped by a photographer at the party who sensed something was not right with the situation. He retrieved the Oscar and security was called. 

The suspect did have a ticket to the party, police said. It is unclear how he obtained one, but the Governors Ball ticket accompanies a show ticket. However, not all show attendees get a Ball ticket. 

Once the Oscar was taken back, Fox Searchlight publicist Barry Dale Johnson took it to Vanity Fair's Oscar party in Beverly Hills, where by that time McDormand had gone along with husband Joel Coen and their son. Coen watched over the award at that party. 

The Academy has yet to comment on the situation. 

Bryant was arrested around midnight and booked around 3 a.m. He is due to be arraigned Wednesday and is being held on $20,000 bail. He faces a maximum sentence of three years in county jail if convicted.