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Stolen artwork recovered, thieves arrested

Posted: 07/19/12 at 5:45 am EDT      Last Updated: 07/19/12 at 8:27 am EDT

MIAMI BEACH, Fla. (WSVN) -- A pricey piece of artwork has been recovered after it went missing for more than a decade.

FBI agents were able to track down the missing masterpiece at a Miami Beach hotel. Henri Matisse's "Odalisque in Red Pants" had been stolen from a Venezuelan museum and secretly replaced with a replica more than a decade ago.

A man from Miami and a woman from Mexico offered to sell the original painting to undercover agents for $1.5 million at the Loews Hotel, Tuesday. Both were arrested at the hotel.

Experts value the 87-year-old piece at $3 million.

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