North Carolina man accused of stealing '69 Mustang worth $200K

Published On: Oct 01 2012 11:37:09 AM HST   Updated On: Sep 30 2012 09:41:00 PM HST
Daryl Lewis Lyerly

Daryl Lyerly and recovered Mustang (Rowan County Sheriff's Office)


A Lexington man was arrested Saturday on suspicion of stealing a rare Ford Mustang valued at $200,000, along with another vehicle and some engines.

Daryl Lewis Lyerly, 32, was arrested at his home on Lowe Drive, Rowan County deputies said.

Deputies began an investigation in April regarding the theft of five vehicles from a building on Highway 150 in Salisbury.

A tip led investigators to a storage building on Haden Grove Church Road in Linwood, which was searched on Friday.

A stolen 1969 Mustang Boss 429 was found hiding in the building, deputies said. According to arrest warrants, Lyerly also is accused of stealing three Chrysler V-8 engines and a BMW 528E.

Lyerly faces two counts of larceny of a motor vehicle, a count of felony larceny and two counts of breaking and entering.

He is being held in the Rowan County Detention Center under a $5,500 secured bond.

Only a few hundred 1969 Ford Mustangs were made with the Boss 429 engine. It is considered one of the rarest vehicles ever made.


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