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£150k of bikes stolen in Exeter

Five suspects arrested

Five men have been arrested following an investigation into a "substantial" commercial burglary in Exeter.

The Bike Shed Outta-Town on Honiton Road was targeted overnight overnight on Sunday 4 September into the early hours of Monday and a number of high-quality, high-value bikes believed to have a combined value of approximately £150,000 were stolen.

Thirty-eight bikes are missing, which includes rare and valuable bikes such as a medium-sized Santa Cruz Heckler Carbon S Spec in maritime grey.

Other bikes of note included:

  • Cube Stereo 140 Team, grey and olive, size X-small
  • Cube Reaction EXC 750, grey and red, size XX-large
  • Bianchi E-Omnia FXXT, blue, size medium
  • Forme Lathkill, green, size small
  • Liv Embolden E+1, metal, size medium
  • Trek Allant+ 5 Lowstep, grey, size small

As a result of a day of action by Devon and Cornwall Police and the West Midlands force, five men aged 39, 38, 34, and two 28-year-olds, all from the West Midlands, were arrested on suspicion of theft.

The men have since been released on bail with conditions while futher enquiries are carried out.

Officers are still appealing for witnesses and would also like to hear from anyone who has been offered a high-value bike for sale.

If you witnessed the incident or have any information or dashcam/CCTV footage that could help with enquiries, please contact police via our website here or by calling 101, quoting crime reference CR/081847/22.

Alternatively, independent charity Crimestoppers can be contacted anonymously online at crimestoppers-uk.org or by calling 0800 555111.

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