MICHAEL JACKSON GETS TO KEEP HIS NAUGHTY TOYS...

MICHAEL Jackson can breathe easy - he's getting back his sex toys and paintings of nude young boys. On Thursday, we told you how Richard Altomare, president of Universal Ex press, was to auction some 20,000 Jackson family artifacts he bought last year from a former Jacko business partner. Altomare had planned to withhold the risqué items to spare the Gloved One embarrassment. But then he threat ened to offer them anyway after Jackson got a temporary restraining order to stop the auction. After Jackson's camp saw our story, they came to a settlement with Altomare, who can now go ahead with the sale at the Hard Rock Hotel & Casino May 30-31. In exchange, Jacko gets to take 20 items from the stash, presumably the more embarrassing ones. Also, some of the proceeds will go to charity. "Mr. Jackson is satisfied with the negotiated settlement," said his mouthpiece, Raymone Bain