French police have arrested the captain and crew of a luxury yacht in connection with the disappearance of a Picasso painting worth $7m dollars.
The yacht, Coral Island, was owned by a Saudi businessman, whose identity has not been disclosed by the police.
It was undergoing a refit in the Mediterranean resort of Antibes when the alleged theft was discovered.
The painting, called Bust of a Woman, featured Picasso's mistress, Dora Maar.
The Saudi owners of the ship are said to have reported the missing painting on Thursday.
The yacht is said to house a considerable
collection, including paintings by Picasso and Matisse.
Bust of a Woman, had been scheduled for exhibition in New York soon.