Serbian police has recovered a Cezanne painting stolen in a raid on a Swiss museum in 2008.
Authorities have not named the painting, but local media has reported it is Boy in a Red Waistcoat, which was taken from Zurich’s Emil Georg Buehrle Collection, a private collection founded by a WWII arms dealer and entrepreneur.
Serbian police said three people had been arrested in connection with the theft.
It added an art expert was being flown in to confirm the authenticity of the 1888 painting, worth $109 million.
The robbery at the Zurich museum was one of the biggest art thefts in Europe at the time.
The heist was conducted by three armed, masked men who witnesses said spoke German with a Slavic accent.
Cezanne’s Boy in a Red Waistcoat was stolen from Zurich's Emil Georg Buehrle Collection in 2008
Boy in a Red Waistcoat was stolen with three other masterpieces by Claude Monet, Vincent van Gogh and Edgar Degas.
Monet’s Poppies near Vetheuil and Van Gogh’s Blooming Chestnut Branches were discovered undamaged in a car parked outside a psychiatric hospital in Zurich soon after the robbery.
The Degas painting, Ludovic Lepic and his Daughter, is still missing.
Police said the recent arrests in Belgrade and Cacak were conducted in co-ordination with police from several European countries.
Serbia’s state prosecutor is expected to issue a statement on the case later on Thursday.
Cezanne’s Boy in a Red Waistcoat depicts a boy in traditional Italian dress. Three other versions of the painting are in museums in the US.
Sunday night’s ceremony of Golden Globes 2012 at the Beverly Hilton Hotel built momentum for some actors on the Oscar trail.
Hollywood celebrated a foreign invasion at 69th Annual Golden Globes Awards, as films and television shows with a distinctly international pedigree collected many of the evening’s prizes.
The Artist, the black and white silent film, took home three prizes from the Golden Globe awards in Los Angeles, hosted by British comedian Ricky Gervais.
The Oscar-tipped movie was named best comedy and won additional prizes for lead actor Jean Dujardin and its score.
The Descendants was named best film drama and won a best actor prize for its star George Clooney.
Other lead actor awards went to Meryl Streep for The Iron Lady and Michelle Williams for My Week with Marilyn.
Meryl Streep, who plays Margaret Thatcher in The Iron Lady, thanked “everyone in England who let me come over there and trample over their history”.
Michelle Williams, recognized for her portrayal of Marilyn Monroe, thanked the Globes for “putting in my hand the same award you put in Marilyn’s hand more than 50 years ago”.
The Artist, the black and white silent film, took home three prizes from the Golden Globe awards in Los Angeles
Martin Scorsese was named best director for Hugo, a family film that marked his first 3D feature, while Steven Spielberg received the animated feature prize for The Adventures of Tintin.
Veteran actor Christopher Plummer won the evening’s first award for his supporting role in Beginners.
The female equivalent went to Octavia Spencer for her role as a domestic servant in The Help.
Pop star Madonna was recognized for Masterpiece, a song she wrote for her historical drama W.E.
Iran’s A Separation received the award for best foreign language film, while Woody Allen’s Midnight in Paris won best screenplay.
It was a good night for British talent in the television categories, which saw ITV1 period drama Downton Abbey named best mini-series.
“How fabulous this is,” said series creator Julian Fellowes.
“The whole Downton Abbey adventure has been an extraordinary one, like spotting a promising child and waking up to find they won the Olympics.”
Britain’s Idris Elba collected a best actor prize for BBC One crime drama Luther, while Kate Winslet was recognised for HBO mini-series Mildred Pierce.
Amidst the celebration and back-slapping, though, a poignant note was struck by Peter Dinklage as he picked up a supporting actor prize for Game of Thrones.
The US actor, who has dwarfism, ended his speech by paying tribute to Martin Henderson, a man with restricted growth from Somerset.
The 37-year-old was left with serious back injuries after being picked up and dropped on the ground outside a pub last October.
Ricky Gervais, criticized last year with his sharp-tongued presenting style, opened the ceremony with a waspish monologue.
Yet while he was briefly silenced for swearing, his barbs were not as cutting as they were 12 months ago.
The 50-year-old began the night by telling the star-studded audience the Globes were “just like the Oscars… without all that esteem”.
The event, he continued, was to the Oscars “what [reality TV star] Kim Kardashian is to [Duchess of Cambridge] Kate Middleton – a bit louder, a bit trashier [and] a bit drunker.”
The Office co-creator said he had been given strict instructions by the Hollywood Foreign Press Association (HFPA), organisers of the ceremony.
“The Hollywood Foreign Press has warned me that if I insult anybody… they’ll definitely have me back next year,” he joked.
Johnny Depp, Dame Helen Mirren and Colin Firth were a few of the stars who received a gentle ribbing over the course of the evening.
Yet the comedian got as good as he gave later when he introduced Madonna with a reference to her song Like a Virgin.
“If I’m like a virgin, Ricky, why don’t you come over here and do something about it,” joked the pop star turned director.
The Golden Globes is one of the first major awards ceremonies in the run-up to the Oscars, to be held this year on 26 February.
Both films and TV shows are recognized, with separate categories for dramas, comedies and mini-series or motion pictures made for television.