Seems that you saw the owner, so you should return to that person directly (upon some sort of verification, of course).
Regardless, not a good idea to steal, esp. if there's a campus lost-and-found. Imagine if you lost your Nano...how much would that suck if you couldn't get it back because somebody stole it before giving it to the campus cops?
Just a thought -- I don't know, I'd want to be considerate of the person who lost it.
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