Wallace G. Wilkinson Jr., a son of the late Gov. Wallace Wilkinson, has been arrested and charged with receiving stolen property, a felony.
Wilkinson, 39, "was found in possession of a 2010 GMC Acadia ... that had been reported stolen by National Rental Car in Cincinnati," according to police documents filed in Fayette District Court.
He has pleaded not guilty.
Wilkinson, who has a Sarasota, Fla., home address, was arrested Thursday night at Country Inn and Suites in Lexington.
Police said in the court documents that Wilkinson told them the vehicle "was supposed to be back 10 days ago, but he just never took it back. He also stated he understood why National Rental Car would report the car stolen."
Documents filed in the case list Wilkinson as a "full-time student in Australia."
He was being held in the Fayette County jail on $5,000 bond and is scheduled to appear in court again Friday.
He declined a request for an interview.
Wilkinson, who goes by "Glenn," and his brother Andrew once held executive positions in Wallace's Bookstores, the now-defunct company their father founded.
In 2001, the former governor was forced into bankruptcy by creditors who were owed more than $418 million. His wife, Martha Wilkinson, was then forced into bankruptcy reorganization after a federal judge ruled she was responsible for repaying more than $100 million in loans she had co-signed for her husband.
In 2002, the brothers sold their Lexington homes and turned over the proceeds to their father's creditors to satisfy loans their father made to them.
The settlement in the bankruptcy cases freed the two brothers from the threat of being forced into bankruptcy over millions of dollars in loans from their parents.
The former governor died in 2002 at age 60.