Second man arrested for ‘theft & criminal damage’ after £500,000 Banksy artwork on stop sign was ‘stolen’ 

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A SECOND man has been arrested on suspicion of theft and criminal damage after a £500,000 Banksy artwork on a stop sign was allegedly stolen.

The red stop sign featuring three military drones appeared in Peckham, South London, on Friday.

banksy/InstagramThis Banksy artwork was allegedly stolen in Peckham[/caption]

But just an hour after the elusive graffiti artist confirmed it was his, two men were seen taking it down.

Footage shows one of them balancing on a Lime bike at the junction of Southampton Way and Commercial Way at about 12.30pm.

After cutting it free he runs off down the street.

It is understood Banksy was not behind the removal.

Cops arrested a man yesterday over the alleged theft of the new artwork.

A second man has now been arrested on suspicion of theft and criminal damage, the Met Police said.

Southwark Council’s Jasmine Ali said the her council informed the Met of the removal.

She added: “I have every confidence they will get it back. We are not just talking about a street sign here.

“It is a work of art which was put there for the community.”

More to follow.

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