According to a police booking sheet, Dick, 48, was taken into custody at 11:10 p.m. in Hollywood, Calif. He was released on $25,000 bail at 5:20 a.m. on Saturday morning.
Internet reports say that the arrest stems from an alleged incident last week. Reportedly, a man accused Dick of taking his $1,000 necklace after asking if he could see his chain.
A court date for the embattled star has been set for Dec. 4.
This is the latest in a long list of alleged incidents for Dick. The former NewsRadio star has battled with substance abuse for years and in 2008 he was arrested in Murrieta, Calif. on suspicion of sexual battery and drug possession after allegedly groping a 17-year-old girl. In 2007, Jimmy Kimmel kicked Dick off of Jimmy Kimmel Live for being inappropriate towards fellow guest Ivanka Trump.