Oklahoma Larceny-Introduction is the taking of property belonging to another with the intent to permanently deprive them of said property. It is a criminal offense under Oklahoma law and is punishable by up to two years in prison or a fine of up to $500, or both. There are four distinct types of larceny in Oklahoma: grand larceny, petite larceny, shoplifting, and larceny from the person. Grand larceny is the unauthorized taking of property with a value of $500 or more. Grand larceny is a felony offense and is punishable by up to 10 years in prison and/or a fine of up to $5,000. Petite's larceny is the unauthorized taking of property with a value of less than $500. Petite's larceny is considered a misdemeanor and is punishable by up to one year in prison and/or a fine of up to $500. Shoplifting is the act of taking merchandise from a store without paying for it. Shoplifting is a misdemeanor offense and is punishable by up to one year in prison and/or a fine of up to $500. Larceny from the person is the taking of property from a person’s possession without their consent. It is a felony offense and is punishable by up to 10 years in prison and/or a fine of up to $5,000.