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If Brandon Davis were an actual star, rather than a worthless, Paris Hilton-like freeloader, he’d be as big as Britney Spears in the Hollywood gossip world.

Like his brother Jason Davis, some of the news and celebrity gossip that comes out about this oily loser continues to amuse and amaze.

Brandon Davis, a.k.a. “Greasy Bear,” and the grandson of late oil tycoon Marvin Davis, has worn out his welcome as a house guest of one of his few remaining friends, music producer Scott Storch, according to the New York Post.

The other night, “[Brandon Davis] and Scott went out and Brandon went back to Scott’s place and crashed on the couch,” a source said.

Next to Brandon Davis, Scott Storch suddenly appears a lot cooler.

“The next morning, when Scott got up, Brandon Davis was already gone – and so was Scott’s $100,000 diamond encrusted watch that had been in the same room the night before. Scott called Brandon and told him the watch was missing but, ‘It’s OK – I just got a new security system, so everything’s on tape.'”

“After learning he would be caught, Brandon Davis “started crying hysterically and saying, ‘Please don’t tell anyone, I’ll bring it back.’ Scott felt bad for him and got his watch back like an hour later, so he didn’t call the police.”

When the Post asked Scott Storch about the episode, he would only say, “I heard about this. Give peace a chance.” Davis couldn’t be reached for comment.