He Had the Receipt! Is there a PROBLEM, Officer?

Plus tax, of course. $4.88 + tax.

Man pays $4.88 for plasma TV at Wal-Mart Fri Jun 29, 7:46 AM ET

While Wal-Mart is known for dropping its prices, one West Monroe (KPC: That's in LOOOsiana, for you Yankees) man took the ad campaign seriously when he dropped the price of a plasma television from $984 to $4.88. Police arrested Chandon L. Simms, 23, on Tuesday at the retail store on a charge of felony theft.

According to police reports, Simms carried a 42-inch Sanyo Plasma TV to a self-checkout aisle after switching the original price tag of $984 with one for only $4.88. Wal-Mart Loss Prevention officers witnessed the alleged transaction and called police.

When the store officers stopped Simms on his way out the door, he produced a receipt for a television purchased at the West Monroe Wal-Mart, authorities said.

Simms told officers that he purchased a TV from the West Monroe store and planned to returrn that one and keep the one he purchased for only $4.88 from the Monroe store. He was then arrested and booked into the Ouachita Correctional Center.

Information from: The News-Star, through Yahoo

He thought he would get away with it, because he was going through the self-checkout? With a four foot long box that said, "Plasma TV"? Wow.