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Lindsay Lohan -- Lose a Rolex, Take a Rolex?

4/23/2010 2:50 PM PDT BY TMZ STAFF

Lindsay Lohan is both a Rolex victim and a suspected Rolex thief ... and the pictures below could prove both.

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TMZ broke the story that Lindsay is a suspect in the disappearance of a $35,000 Rolex.  Law enforcement sources tell us they have a photo of the Rolex Lindsay is accused of stealing.  We did some digging and came up with the photo on the left, taken April 14, showing Lindsay sporting a Rolex ... very possibly the same one a friend accidentally left at her house and is now at the center of the investigation.

Now take a look at the Rolex on the right.  That Rolex was stolen from Lindsay last year -- allegedly by The Burglar Bunch.

The two Rolexes are similar but not identical.

As for the current investigation, Lindsay's lawyer, Shawn Chapman Holley, denies the allegation against her client.

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