Found a lost phone on the way to practice, 30 minutes later was found by police

I went home and saw a black iPhone on the side of the road. I took it and went back home to change and get my gear for practice. I left home and go to school for practice planning to return it after practice. 30 minutes when all of us were practicing, The police came and checked our bags. She found the iPhone and told me that I won't be in trouble. She took my basic info and gave me a police report number. Will this go to my records? I'm planning to join the military after high school.

Depends if person is saying they lost it or if it was stolen

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