Man arrested, accused of trying to sell stolen Chevelle worth $300K

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INDIANAPOLIS (April 25, 2014) – Indiana State Police arrested an Indianapolis man after they say he tried to sell a stolen Chevrolet Chevelle worth $300,000 to undercover officers. On Sept. 22, 2013, someone stole a 1970 Chevrolet Chevelle and four other vehicles whose owners were in town for the Good Guy’s Car Show at the Indianapolis Motor Speedway. Two of those vehicles—a 2002 Chevy Dually pickup and a 1949 Chevy custom truck—were recovered a few days later.

Herbert Jones III

Herbert Jones III

In March 2014, the owners of the Chevelle, Keith Parmer and Terrie Perkins, received a call from a man named “Herb,” who told them he’d gotten the car in a trade for a motorcycle and $20,000 in cash. The owners had offered a $20,000 reward for the car’s return. He said he wanted to return the car but needed to recoup his $20,000 and gave them two weeks to come up with the money. Otherwise, “Herb” said, he’d have to sell the car for parts. On April 12, Indiana State Police undercover detectives and Parmer arranged to meet the man in Hamilton County. “Herb” said he’d be willing to accept $10,000 for the car. When he arrived for the meeting with the Chevelle, police took him in for questioning and identified him as Herbert Lee Jones III, 31, Indianapolis. The subsequent investigation led to Jones’ arrest on Friday, April 25. He was taken to the Hamilton County Jail. Jones is charged with receiving stolen property and auto theft. State police coordinated the investigation with the Indianapolis Metropolitan Police Department, Hamilton County Sheriff’s Office, Lawrence Police Department and National Insurance Crime Bureau.