The controversial and mysterious Banksy is known for creating unusual and provocative artwork around the world, all of which is done with his / her unique flair and a taste for the dramatic.

For example, Banksy created an art gallery called the Walled Off Hotel in Palestine last year and had several graffiti pieces around Calais, the so-called "jungle" where Syrian migrants live as they attempt to enter the United Kingdom.

His latest piece, however, is quite different. At Sotheby's yesterday evening, Banksy auctioned off a print of 'Girl With Balloon', a piece from 2006 and arguably one of his most recognisable works. The print was sold for $1.2 million and right after the gavel was hit, a remote alarm attached to the frame of the piece sounded - and the print was slowly cut to ribbons in a shredder hidden in the frame.

Here's the moment as it happened.

Needless to say, the scene immediately went viral around Twitter and the question now is whether or not Sotheby's issues a refund to the buyer. In a statement released to the Financial Times, Sotheby's said that they "have talked with the successful purchaser who was surprised by the story. We are in discussion about next steps."