LA police announced Tuesday they have arrested a man in connection with stealing five of Tom Petty's guitars from Culver Studios west of downtown. No other details on the suspect or where the guitars were recovered were offered. A spokesman for Petty declined to comment. Petty's axes were swiped last Thursday from a rehearsal studio the band was using to get ready for its upcoming tour. It was also not immediately clear whether Petty would have the guitars in time for the tour which kicks off Thursday in Broomfield, Colorado. Click Here for a complete list of dates and venues.