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Arnold Schwarzenegger will star in the Christmas comedy “The Man with the Bag,” Deadline reports. Filming is scheduled for later this year.

The storyline reads: “When Santa's magic bag is stolen, he turns to his list of naughty children to find Vance, a former thief, and help him get her back. Along with his daughter, Santa, a group of unlucky elves and Vance must pull off the biggest heist of their lives to save Christmas."

Casting details have yet to be confirmed, but Schwarzenegger is expected to play the role of Santa. This will be the first time Arnie has appeared in a Christmas movie since 1996's Jingle All The Way. 

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