Gold Harvey Weinstein statue erected in Hollywood ahead of Oscars

The statue appeared days before the Academy Awards, being held Sunday.

The statue, called "Casting Couch," is located near the Hollywood Walk of Fame, and it's the product of a two-month collaboration between street artists Plastic Jesus and Joshua "Ginger" Monroe.

Plastic Jesus, who is an anonymous British street artist, explained on social media the impetus behind the statue.

"Harvey Weinstein became an icon in the entertainment industry. His power and influence was almost without compare," he wrote. "However, whilst many thought the ‘casting couch’ was a thing of the past it was clearly still a part of the Hollywood culture."

"Hopefully now in the light of recent allegations, against many leading figures in Hollywood the industry will clean up its act."

Weinstein, 65, has been accused by dozens of women of sexual misconduct, including rape. Though the former movie mogul has admitted to wrongdoing and sought professional help, a spokeswoman for him has told ABC News previously that "any allegations of nonconsensual sex are unequivocally denied by Mr. Weinstein."

Still, Weinstein was fired from the company that bears his name, banned from the Producer's Guild of America and expelled from the Academy of Motion Picture Arts and Sciences.