NYPD: Man Steals 86-Pound Bucket Of Gold Flakes Worth Over $1 Million Off Armored Truck

NEW YORK (CBS/AP) — Police in New York City are looking for a quick-thinking thief who stole an 86-pound bucket of gold flakes worth nearly $1.6 million off an armored truck in Manhattan.

The unidentified thief swiped the 5-gallon metal bucket off the back of the vehicle on Sept. 29 when a guard briefly went to the truck's cab to reportedly retrieve his cellphone.

The incident occurred in broad daylight on West 48th Street in Midtown Manhattan.

Security video shows the black bucket on a pallet inside the open back door of the truck. The man looks around, approaches the truck and lifts the bucket out.

Two men are standing on the sidewalk beside the truck, engaged in animated conversation, and don't appear to notice the man with the bucket walking past them.

Lots of other pedestrians and vehicles stream past as he heads down the sidewalk with one arm wrapped around the bucket and his other hand beneath it.

At one point, he sets it down at the curb, takes a breather for a few seconds, then hoists it again and steps into the street.

Police say it took the thief an hour to complete what would normally be considered a 10-minute walk. He then hopped into a white van and fled.

Police say the suspect likely didn't know what the bucket contained.

The suspect is described as a 5-foot-6, 150-pound Hispanic man, believed to be between 50 to 60 years of age.

The suspect is believed to be hiding out in Florida.

(TM and © Copyright 2016 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2016 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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