Actor Adam Arkin's wife was arrested this morning, RadarOnline.com has learned exclusively.

Adam's wife Phyllis Lyons, 48, is also an actress, and was arrested on a felony grand theft charge related to a shoplifting incident. She is accused of stealing a $600 pair of earrings last week in a Montecito, Calif. jewelry store.

Police arrived at the couple's house early this morning and transported her to the North Hollywood police station where she was booked and held on $20,000 bail.

The incident is reportedly caught on security tape, a close source told RadarOnline.com. The store didn't realize the earrings were missing until the next day after an inventory check. That's when security tape was reviewed and the source tells RadarOnline.com that Phyliss is seen putting the earrings in her pocket when a clerk wasn't looking.

Adam Arkin has starred in several films and many TV shows, including Chicago Hope, Northern Exposure and The West Wing. He is the son of actor Alan Arkin and also appeared in the Will Smith movie Hitch. He won a daytime Emmy in 2002.

Phyllis Lyons has appeared in numerous TV shows, including House, Life and ER. She appeared on the soap opera All My Children in 1992.

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