Police are appealing for witnesses following an incident on Kenilworth Road in Leamington at around 3pm on Wednesday (February 25).
The victim a woman in her twenties was approached by a man who grabbed her before running in the direction of Trinity Street.
A 49 year old man from Leamington Spa has been arrested in connection with the incident.
He has been released on bail until Monday March 30 while enquiries continue.
Police are keen to identify any witnesses.
Anyone with information is urged to contact DC 1599 Jenny Baker in Leamington CIS on 684018 quoting incident number 226 of February 25.