The Ark of the Covenant - What it is and where it might be? Exactly what the Ark of the Covenant is, is the subject of much debate. But where it is, and has been since being removed from King Solomons possession, according to the Ethiopian people, is in a church in Axum, the ancient capital of Ethiopia. The story goes that the Queen of Sheba travelled to Jerusalem, where she had a short interlude with King Solomon, resulting in the birth of her son, Menelik, first King of Ethiopia. Some years later, Menelik travelled to Jerusalem to meet his father, and when he left, he stole the Ark. The Ethiopians guard the Ark very closely and no one is allowed to see it, except the priest who is responsible for its security. This latter fact obviously gives rise to the question,"Do they really have it?" Who knows?