The story about the $42,000 ring stolen from Hoover may not have been entirely accurate,

The owner of a Hoover jewelry store where an expensive, custom-made diamond ring has come up missing said Thursday he will do what he can to rectify the problem.

However, Diamond World owner Mark Karagas said the ring isn’t as valuable as was indicated in a report filed with Hoover police Tuesday.

Hoover police said the owner of the ring, Alabaster plastic surgeon Clement Cotter Jr., told them the ring had $40,000 worth of diamonds in a $2,000 platinum setting.

Karagas said Cotter signed a statement saying the diamonds were worth $22,000 when he brought them in to be reset from three rings into one.

Why the discrepancy?

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