What does the cryptic crossword clue "Pink organ pinching (5)" mean?

The definition is "pinching". The wordplay uses a charade (building blocks). THE (synonym="THE") + FT (synonym="FT") = THEFT; definition: "pinching" The answer is THEFT.

Pink organ pinching (5)

Guardian Cryptic #28134 | 10 Across | 2020-05-15 flower

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