Answer changed. Violence is never a solution to problems.
My personal suggestion would ask him nicely of course at first, or speak with your mother and/or father and get them to have him give you back the item and if worst comes to worst, maybe bribe him, do the dishes for him for a couple days.
Don't ask straight out, give them time. Be really well behaved and do what you are told. Do extra chores around the house, be cheerful when you are at home and around your parents. After a while of...