The Sofia City Prosecutor’s Office confirmed that the investigation into the painting started on February 18 and is ongoing.
Experts who have looked at the painting believe that it is most likely authentic. In that case, the value of the painting at the auction could reach around 50 million euros. The painting has been handed over to the specialists of the National Art Gallery, who will continue the research.
The operation took place in Sofia, Athens and Crete. Its purpose was to neutralize a criminal group engaged in cultural heritage smuggling, the radio reports.
Three Greek citizens and one Bulgarian have been detained in connection with this case.
One of Pollock’s paintings recently sold for $200 million.
Greek police in Athens and Crete confiscated five more paintings by famous artists.