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United States | Southeast | Virginia >> Dumass Bike Thief whole Stole Prototype Bikes worth $80,000 USD Arrested in Bike Shop

Dumass Bike Thief whole Stole Prototype Bikes worth $80,000 USD Arrested in Bike Shop

A bike thief accused of stealing very expensive prototype bikes valued at $80,000, or about €75,000, has been arrested after he walked into a bike shop with one of the bikes and with bolt cutters sticking out of his bag

Dumass Bike Thief whole Stole Prototype Bikes worth $80,000 USD Arrested in Bike Shop

The robbery occurred in Boulder, Colorado, and when a suspect walked into the Full Cycle bike shop in the city with one of the $12,000 e-bikes, staff spotted he had bolt cutters in his bag and called the police.

While the man was not arrested at the shop, local officers were looking out for him and he was detained about two hours later. The bike he had brought into the shop – for a puncture repair – was recovered, as were the other bikes stolen in the same robbery on March 30th.

The bikes were stolen from the Boulder headquarters of Driven, the drivetrain startup connected with component brand CeramicSpeed. The day after the robbery, the main walked into the Full Cycle store with one of the bikes – a $12,000 Specialized Levo, which is owned by Driven’s founder Jason Smith.

It was stolen with two other bikes and kit, including prototype drivetrains.

“The guy came in with a flat and we sold him a hand pump, then called police.  He left but the police caught up with him 2 hours later,” Full Cycle owner Russ Chandler told BRAIN. “It was so obvious that this guy was a thief. He even had bolt cutters in his backpack.”

After the suspect was arrested the Specialize Levo and one of the other prototype bikes, and selection of kit, was recovered. The other bike was found after a member of the public saw another man with it and rang the police.

The first bike is valued at $40,000 – a black, heavily modified Cervelo P5 triathlon bike. The major modifications include a concept drivetrain – shaft drive, no chain – and high end wheels.

The second bike is valued at $30,000 and was described as black with blue accents and is a heavily modified Canyon Lux full suspension mountain bike. The major modifications include a concept drivetrain.

The third bike is valued at $12,000 and was the Specialized Turbo Levo the man with the bolt cutters brought into Full Cycle when he punctured and wanted it repaired.