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Previous owner has got in touch... Bloke appears genuine and clearly isn't the person I purchased the bike from originally. He apparently reported bike stolen to the police but did not register it as stolen on bike register. I suppose whether he reported it as stolen or not on BR doesn't really change the fact whether it was stolen at the end of the day. I suggested that if he can provide evidence of it I'll give him back the bike minus the parts (so basically frame, forks, stem and handlebars). He's instead suggested, given it's not really the same bike, I pay him £50 and call it quits.