Talk about an October surprise. Swiss made replica Audemars Piguet has reportedly pulled out of the Only Watch amid suspicions that the charity auction, founded by Luc Pettavino—the former CEO of the Monaco Yacht Show—has been mishandling the money it has raised. The event is known for offering high-ticket one-of-a-kind creations put forth by nearly every major watchmaker in the industry. It’s the sale in which luxury fake Patek Philippe’s salmon dial Grandmaster Chime hammered for $31 million in 2019, becoming the most expensive watch ever sold. And it is also a platform where brands can show off their watchmaking prowess and hint at future releases. But now red flags…