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wow that is good luck! seems mad that someone would be dumb enough so sell a stolen bike in the area they took it
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i think the guy was lying and he was the one that stole it. Mate said he didn't protest much.
With ratty bikes i don't think it's that uncommon to see someone else riding your stolen bike. Another mate of mine saw someone riding his stolen bike once, but he was sat upstairs on a bus going the other way at the time so nothing he could do about it!
greeno
Just luck. My mate was cycling on a bike he'd borrowed and saw a guy riding his. He followed him and fortunately the guy dismounted pretty soon, so my mate just sneaked up, grabbed it, said it was his, threw it over his should and cycled off.
The guy was saying that he had bought it, and my mate just said not my problem, lets call the police now if you want.
Had a feeling it would it turn up - had no parts on it worth stripping so not surprised to see someone riding it around locally.