UPDATE: The "Ex-Lipiński" Stradivarius stolen from Frank Almond has been recovered, the Milwaukee Police Department confirmed earlier today.

The Milwaukee Police will hold a news conference at noon CST to provide more details. FOX 6 News will carry the conference LIVE.

The violin was found at the residence of one of the suspects being held in connection with the January 27 armed robbery, a police source told FOX 6 News. The violin, worth $5 million, appears to be in perfect condition, sources say.

Frank Almond, concertmaster of the Milwaukee Symphony Orchestra, was walking to his car after a concert on January 27, carrying his "Ex-Lipiński" Stradivarius violin, when an assailant approached him and shot him with a stun gun, Fox6Now.com of Milwaukee reported.

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