James Belushi wears a Rolex Datejust

Walter Hill's Red Heat (1988) is a Cold War buddy-cop movie played mostly for action. Arnold Schwarzenegger is Ivan Danko, a Moscow police captain hunting a Georgian drug lord who has fled to Chicago. Jim Belushi is his assigned partner, Art Ridzik, a wisecracking detective who does not appreciate babysitting a Soviet officer in his precinct. Laurence Fishburne turns up in an early role, and Peter Boyle plays the department commander.

The film never names Ridzik's watch on screen, but it makes a point of it: he calls it a thousand-dollar marvel of Western technology, set against the twenty-dollar East German watch on Danko's wrist, and at the end the two men trade watches as a sign of respect. An enthusiast source identifies Ridzik's as a Rolex Datejust, the everyday automatic Rolex launched in 1945 as the first wristwatch to change its date on its own. The watch is not clearly visible in the available stills, so the model stays unconfirmed.