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Report: $500K worth of Iverson's jewelry stolen from Philadelphia hotel

Jesse D. Garrabrant / National Basketball Association / Getty

Philadelphia police are searching for a man who stole a backpack containing about $500,000 in jewelry from a local hotel Monday morning, and sources told NBC Philadelphia that the bag belonged to Allen Iverson.

The Hall of Famer, who played for the 76ers for 11 seasons, attended the team's home game against the Los Angeles Lakers on Saturday.

Police are searching for a man in his 20s who is approximately 6 feet tall.

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