Jewellery stolen during a photoshoot featuring the American actress Lindsay Lohan is now believed to be worth ‘£24,000’, and not £250,000 as previously stated by London’s Metropolitan Police.

A Met spokesman today told Amateur Photographer that police had accepted, in ‘good faith’, that the missing jewellery was worth £250,000 when it was reported stolen from a photo studio in Islington last month.

The missing jewels – made by ‘Dior’ – were said to have included a ‘diamond’ necklace.

Police today said that the force was given an incorrect valuation for the missing gems and revealed that none of the items have yet been recovered, as enquiries continue.

‘The value of the property is now believed to be £24,000,’ confirmed the spokesman who apologised that the force had stated an overvalued figure.

He refused to say whether Lohan has been questioned as part of the Met’s ongoing investigation.

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