A man handed himself into police last night after CCTV footage was released of the theft of a replica rifle from the Warrnambool war memorial.
Police said the Warrnambool man, aged in his 30s, handed himself in after the footage was revealed on The Standard's website.
"He is assisting us with inquiries," Sergeant Chris Asenjo said.
"He has also made inquiries with the RSL and has apologised. He is very remorseful.
"Following an intensive media campaign, footage of the incident was released to The Standard. It has helped solve the crime."
Sergeant Asenjo said the man would be interviewed later today and appeared the man had no criminal malice.
"I think before he knew it the rifle was in his hands," he said.
"He's been to the RSL to see how he can make this right.
"We'll work with the RSL to find the best way to finalise this, whether that's through the courts, we'll wait and see."