This article examines how and why the Ptolemies, soon after they succeeded Alexander in Egypt, orchestrated the return of Egyptian statues supposedly stolen by the Persians, drawing on the cultural memory of different population groups: Egyptians and Graeco-Macedonians. First, it argues that the Ptolemies invested energy in searching for Egyptian objects and gods’ statues in the Levant, which they distributed among the temples, though some may have been newly fabricated statues. Second, the study aims to reconstruct what the Ptolemies knew about earlier Greek and Near Eastern traditions of seizing and returning statues, which mixed elements of truth with topoi. This reconstruction serves to explain how meaningful it was to Egyptians and Graeco-Macedonians to bring back statues after each campaign. Finally, comparing the tale of Bentresh, the account of Sarapis’ origin by Tacitus and the Ptolemaic stelae, the article suggests that these narratives highlighted Egypt as the centre of the world with the most powerful ruler, a claim appealing to all its inhabitants.