Terry’s wife followed her husband’s instructions and sold a yellow Chevy Camaro for $14,000, according to the probable cause affidavit filed with Clark County Municipal Court.
The vehicle is believed to have been bought with money gained through a criminal enterprise and was to be seized by the state.
Investigators requested the whereabouts of the vehicle and Terry’s wife refused to cooperate, according to the affidavit.
The vehicle was eventually tracked down to a dealership in Columbus, where Terry’s wife sold the vehicle on Dec. 21, according to the affidavit.
Ricky Terry was then released from jail on Dec. 23 after his bail was posted, according to the affidavit.
Investigators reviewed jailhouse phone conversations between Terry and his wife that indicated they planned to sell the vehicle for his defense and to pay bond, according to the affidavit.
Terry is one of seven defendants dubbed the “Band of Thieves” in a widespread investigation into a criminal theft ring that’s linked to 11 counties across the state.
The year-long investigation resulted in a 74-count indictment that involved more than 20 law enforcement agencies against Terry, Billy Barrett, Markus Barrett, Jerry Bush, Jesse Rieder, Ricky Large and Kenneth Melton.
The group is accused of taking tools, ATMs, cars and more through overnight break-ins of barns, garages, small businesses and even county buildings, according to Clark County Prosecutor Andy Wilson.