This little moment in Valentino history (see below) involves some interesting people. Bev Barnett was a long-time and well known press agent representing John Wayne, Jack Benny, Gene Autry, Dick Powell, Johnny Cash, and Johnny Weissmuller; among others. The man scarcely needed publicity at this point in his career.
Rochelle Hudson claims she found the ring near Falcon Lair and I think her credibility was solid at the time too. More about this lovely young lady here:
The unfortunate character in this little saga was robber Gordon Phillips who was shot and killed in the burglary. From The Times Herald, Port Huron, Michigan, November 24, 1940, a bit of Valentino trivia.