Published: Jul 07, 2011 7:05 PM EDT
Updated: Jul 07, 2011 6:05 PM EDT

SAN FRANCISCO (AP) - Police say they have made an arrest in connection with the daytime theft of a valuable Picasso drawing from an art gallery in downtown San Francisco.

According to witnesses, a man took the artwork from the Weinstein Gallery on Tuesday morning and fled in a waiting taxi. The gallery says the piece was a 1965 pencil-on-paper drawing titled "Tete de Femme," recently purchased at an auction for $122,500.

Surveillance video from a restaurant several doors down from the gallery showed a man walking by carrying a piece of framed artwork under his arm. He was dressed similarly to the police description of the suspect.

Police have not provided any details about the arrest, saying they'll discuss it at a Thursday morning news conference.

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