No, I wouldn't allow the child back in to play. We had that happen many years ago with a family that used to live down the street....except this kid took 300.00 out of my coat pocket. The parents said they'd look into it too, but I never saw the money again.
I don't let any kids play in my house anymore <unless its my girlfriends daughter or somebody close like that>. Its a good thing I stuck to that rule too cause the boy that took the money.. He and his brother have been in and out of juvie over the years.