Allen Iverson reportedly had $500,000 worth of jewelry stolen from a Philadelphia hotel on Monday ... and now, cops say they're searching for the scumbag who took the bling.
Philly police say at around 10:30 a.m., officers responded to the Sofitel Hotel in downtown Philadelphia after a man allegedly jacked a backpack with the ice in it from the lobby.
Police would NOT confirm the victim was Iverson ... but according to NBC10, the bag and the jewels DID belong to the NBA legend.
Cops say the suspect is a black male in his early 20s .