Police confirmed the item was back in their possession last night.
An online listing for the locket said it had been crafted from 18ct yellow gold and set with 60 white diamonds and 15 blue sapphires.
The recovered Fabergé locket. Photo / NZ Police
A golden octopus inside the locket was set with two black diamonds for eyes.
Police said the 32-year-old man who swallowed the pendant remained in custody and would appear in Auckland District Court next week.
In a statement released to RNZ, Partridge Jewellers confirmed the attempted theft took place at its Queen St store.
“The store management team responded immediately, and police were on site to detain the person in question within minutes.
“The safety of Partridge’s clients and staff is the highest priority, and the team is grateful for the police’s swift support in dealing with the situation, which is now in the hands of legal professionals.”
Partridge said the pendant would be returned to Fabergé.
– RNZ