Police did not name the painting by the French impressionist but Serbian media said it was likely to be 'The Boy in the Red Vest', dating from 1888. It was stolen in February 2008 during a raid by three armed robbers on the EG Buhrle Collection in Zurich.
In an operation coordinated with foreign police forces, officers from Serbia's Anti-Organised Crime Unit arrested three people in Belgrade and in the southern town of Cacak in connection with the theft.
The alleged leader of the gang, Ivan Pekovic, was caught in a car park after a car chase through the streets of Belgrade, according to Serbian media. (© Daily Telegraph, London)