https://indianexpress.com/article/cities/bangalore/bengaluru-police-arrest-high-end-bicycle-thief-recover-54-bicycles-worth-rs-6-lakh-7942332/
A police officer said some of the bicycles stolen by the accused cost Rs 60,000 and above and he sold them for Rs 3,000-4,000. He allegedly used the money to lead a lavish life. The officer added that most people do not report such thefts as bicycles do not have a registration number that can be used to track them down.
“Bicycles are also easy to steal and sell. The accused stole it from public places, houses and apartments. Though we have recovered 54 bicycles from him, we are yet to find the owners of the bicycles as many of them have not filed complaints,” the officer said.