$ 28 million stolen painting by Picasso discovered by "Indiana Jones of the Art World" after 20 years

A Pablo Picasso painting, worth millions of dollars, stolen from a yacht in France 20 years ago, was found thanks to a renowned Dutch art detective.

Arthur Brand said Tuesday he found the painting "Bust of Woman" from 1938, two weeks ago, after having followed for several years in Amsterdam. The work had been stolen from the yacht of a wealthy Saudi Sheikh in 1999.

The brand estimates the portrait at $ 28 million and said that he knew it was the real deal as soon as he saw it, according to Sky News.

"You know it's a Picasso because there's magic out there," he said on Tuesday.

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The Dutch newspaper De Volkskrant announced that the painting had been confirmed by a former investigator specializing in the works of art of Scotland Yard, who now acts on behalf of the insurance company, and by an American expert who went to the Netherlands to check the authenticity of the portrait.

"It's the stolen Picasso," Dick Ellis told reporters. "He is still in good condition, with slight damage."

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Brand, a renowned detective whose previous findings include a pair of sculpted bronze horses for Adolf Hitler, had teased the find last week on Twitter, claiming he was working on "one of the biggest cases of my career".

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Last year, he made the headlines after finding a Byzantine mosaic of St. Marc stolen in Cyprus, had already announced the BBC.

Stalking stolen works earned him the nickname "Indiana Jones of the Art World". The brand has already told the AFP news agency that the recovery of the mosaic was "one of the greatest moments of my life".

Associated Press contributed to this report.