Flash-forward to Wednesday, when officials stripped him of his title, banned him from all Caesars properties, and announced that he would receive no prize money. Palm Beach Kennel Club officials announced via a press release, "An act of theft of poker room property – the removal of a poker chip off the poker table – by one of the two remaining players in the event was confirmed by video surveillance."

http://www.pocketfives.com/articles/wsop-caesars-ban-chan-pelton-following-removal-tournament-chip-589263/