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Lupita's stolen dress found

Lupita Nyong'o. Picture: AP

A $150,000 pearl-encrusted dress stolen from the hotel room of actress Lupita Nyong'o has been found.

The custom-made Calvin Klein gown, encrusted with about 6000 pearls, went missing from Nyong'o's Los Angeles hotel room after the Oscar-winning star stormed the Academy Awards red carpet in the frock last week.

Authorities placed the gown's value at $US150,000 ($192,000), although experts say it could have fetched more on the black market.

A spokesperson for the LA Sheriff's Department said the dress was found stashed under a bathroom sink at the same hotel at the weekend.