Authorities detained a female employee at Michael Rubin’s residence in the Hollywood Hills on allegations of grand theft. Law enforcement officials responded to a reported theft at the home of Rubin, the CEO of Fanatics, on Wednesday morning around 8:30 a.m. Following an investigation at the scene, the staff member was taken into custody. Details about the specific items taken have not been disclosed, nor is it clear if Rubin, who has an estimated net worth between $11.6 billion and $12.3 billion, was present during the incident. Police confirmed that Rubin was not the individual who contacted them regarding the theft. Rubin, known for founding Fanatics in 2011, had recently returned from attending Super Bowl LX in San Francisco. He was seen in a photograph at Levi’s Stadium with notable figures including Robert Kraft, Jonathan Kraft, and Travis Scott. The property where the incident occurred was previously owned by former President Ronald Reagan and was acquired by Rubin in 2022 from the owner of the Vancouver Canucks. Representatives for Rubin have not issued a statement about the arrest or the ongoing investigation. The authorities continue to look into the matter as the investigation progresses.