TAUNTON - One man is in custody for the theft of a precious gemstone from the Taunton Galleria Mall.

According to WCVB-TV, Taunton police say a diamond worth $50,000 was stolen from Hannoush Jewelers at the mall Monday.

One man has been arrested, however, the diamond has not been recovered.

The unidentified male suspsect is being arraigned Tuesday in Taunton District Court on larceny charges.