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This time yesterday, footage of Steve Francis getting his chain snatched circulated the Internets. But a rep for the former NBA All-Star says “It’s in our possession in Houston.”

TMZ Reports:

We broke the story … some thief tried to rip the chain off the NBA star’s neck during a rap show in Houston this past weekend.

Now, Steve’s publicist Dre Johnson tells us … “The situation is being resolved as we speak and we will provide physical verification that we have the chain in our possession upon our return to Houston later this week.”

Johnson says Francis and his business team have been traveling ever since the incident — “We had to fly to Boston yesterday to do a deal with Reebok to re-release the classic Steve Francis shoes.”

Johnson says the chain-jacker clearly didn’t know who he was messin’ with — “When you touch somebody you don’t know who you touching. You got to be more careful out here. These young guys don’t think, they react and then apologize and backtrack quickly.”

Johnson’s response leaves the details surrounding the incident in question. The most prevalent of which is who’s the man who attempted to take Francis’ chain, and what sparked their conflict?

The former Houston Rocket will appear on TMZ Sports in a few days to explain everything.

Photo: TMZ