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They may accuse as they like, and are certainly free to call the police, but short of a video tape of you doing it or several witnesses, it is unlikely that the police will arrest you.

They are more likely to simply remove you from the property. (You didn't say, but I would assume you have just been terminated.)

In any case, you may feel free to consult with an attorney if you believe there is a chance that the company will pursue this civilly, or if the police do actually arrest you. If they do, say nothing but your name until you have seen that attorney.

(A speech on this issue that has questionable advice in it is available in the discussion section.)

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Q: If you find out your employer called police because they are accusing you of theft can you be arrested?
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