Two Sarnia residents are facing charges following an alleged theft of a Rolex watch worth $38,000.

Lambton OPP say the watch was taken Sunday at a Point Edward auction.

OPP later arrested two people in Sarnia and recovered the watch.

Ronald Hofsteede, 48, and Shelley  Croteau, 45, both of Sarnia, are charged with possessing property obtained by crime over $5,000 and theft over $5,000

The accused have a court date set of July 21.