Putin Denies Stealing Super Bowl Ring

Patriots owner Steve Kroft says he didn't give it to Putin as a gift in 2005 but that it was stolen from him

Russian President Vladimir Putin says he did not swipe New England Patriots owner Robert Kraft's Super Bowl ring, but Putin's spokesman said the Russian leader will reimburse him with another ring.

Kraft said at the Carnegie Hall's Medal of Excellence gala in New York on Thursday that Putin took the 124-diamond ring -- valued at $25,000 -- during a 2005 meeting in St. Petersburg. 

"I took out the ring and showed it to [Putin], and he put it on and he goes, 'I can kill someone with this ring," Kraft said, according to the New York Post. "I put my hand out and he put it in his pocket, and three KGB guys got around him and walked out."