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Banksy's Hollywood Graffiti Bomb -- RIPPED DOWN

2/16/2011 9:50 PM PST BY TMZ STAFF
A billboard company just ripped down a Sunset Blvd. sign that had been tagged by Academy Award nominee Banksy -- just a few short days after the legendary graffiti artist touched it up in the first place.


The Mickey Mouse inspired artwork -- which mysteriously appeared a few days ago -- was just taken down ... but no one at the scene will tell us why.

021611_banksy_fightWe're told employees at the gas station directly below the billboard offered to pay $10,000 for the artwork -- but the billboard company refused.

UPDATE: A physical altercation just broke out over the sign -- cops have responded to the scene.

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