Lure Jake back to the anchor, and get the patch before time runs out.
― In-game description
"Patch Grab" is the first Master Thief Challenge in "Dead Men Tell No Tales" of Sly 3: Honor Among Thieves. It is a variation of the second part of "The Talk of Pirates," where Sly Cooper must steal Stone Jake's eyepatch within the time limit.
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Sly 3 Honor Among Thieves - Master Thief Challenge - Patch Grab