Yes.

Om mani padme hum, which is a Buddhist mantra, something like "hail the jewel in the lotus."

"Om Mani Padme Hum" is a widely known mantra in Buddhism, specifically associated with the bodhisattva of compassion, Avalokiteshvara. It is believed to bring blessings, peace, and protection to the one who recites it. The mantra is often translated as "Hail the jewel in the lotus."

The one on his left arm is the Dharma wheel from Buddhism

The one on his right arm looks like om mani padme hum