Well, the dress has been found ... to be a fake!
The thief who took the gown says he took the dress from Lupita's room at The London after finding the door ajar.
[Image via WENN.]
Cate Blanchett is one of those ladies who always brings her A-game to the red carpet.
And with the Oscars being the BIGGEST moment of the year for red carpets, you know she has to sparkle, sparkle, sparkle.
And guess what…she is SPARKLING!!
Cate is looking like the goddess she is in a nude Armani dress embroidered with Swarovski crystals paired with Chopard earrings. There were lots of other ladies rocking this nude and bejeweled look on the Oscars red carpet, but no one did it like Cate!
But that's how it goes time and time again!
[Image via AP Images.]