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SAN ANTONIO -- A high-profile Fiesta float that was reported stolen earlier this week has turned up in the hands of a local school district. But was the float really stolen?

The Edgewood Independent School District confirmed the missing El Rey Feo Fiesta float was donated to the district.

The float, worth $35,000, was allegedly stolen from the TriColors Auto Sales building in Leon Valley, in the 6300 block of Bandera Rd., according to a press release sent out Tuesday.

In a twisting turn of events, a district spokesperson said the float had been donated to Edgewood ISD by TriColors Auto Sales -- the same business that was storing the float.

After seeing reports on KENS 5 TV and Kens5.com, district officials notified police and made arrangements to return the Fiesta float.

The float is currently in the process of being returned to its rightful owner, according to Edgewood ISD.

The Rey Feo float had been missing since Oct. 25, 2013. The Rey Feo Consejo Educational Foundation and Rey Feo Scholarship, Inc. were offering a $5,000 reward for information leading to the return.

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