The pig was sporting a pro-Obama message so perhaps some Hilary supporters cut the leash? Though we're not sure if having such a message on a pig was really meant as support or was an attempt to send some kind of ironic message. Still no comment from Peta at press time, but here are the details from the people that put on the event:

Coachella organizers are offering $10,000 and four (4) festival tickets for life in exchange for the safe return of the two-story inflatable pig that broke loose during Roger Waters' set on the final night (Sunday, April 27) of the 2008 Coachella Valley Music & Arts Festival. The pig escaped and floated into the desert sky just prior to the intermission between Roger Waters' back-to-back sets--marking the only back-to-back Coachella sets by one artist in the critically acclaimed festival's history.

Anyone with information on the lost pig, should email [email protected]. - Watch the piggy take flight!

Preview and Purchase Roger Waters CDs