Burglars steal $160,000 worth of one of a kind bicycles from Morgan Hill business
File Photo. A Specialized Bike during the 3rd Tour of Colombia 2020 on February 10, 2020 in Bogotá, Colombia. (Photo by Maximiliano Blanco/Getty Images)
MORGAN HILL, Calif. - Morgan Hill police are seeking suspects in the theft of high-value bicycles from a business Sunday.
The theft was reported about 4:30 p.m. at Specialized Bicycle Components at 15130 Concord Circle.
Police said burglars forced entry into the business during the day and stole multiple bicycles, valued at an estimated $160,000.
"The stolen bicycles were part of a large collection of one of a kind prototypes, race-winning and personally owned bikes Specialized had on display in their building," police said in an announcement.
Investigators believe two different vehicles were used in the theft, a maroon Toyota 4Runner and a white box van, both recorded on surveillance video.
The Toyota was later located in Salinas.
The business is offering a $25,000 reward for information leading to the identification, arrest and conviction of those responsible.
Anyone with information is asked to contact Cpl. Mindy Zen at (669) 253-4917 or an anonymous tip line at (408) 947-7867.