A man who bought a bike for £20 was arrested by police a few minutes after the purchase and charged with handling stolen goods.
Pavol Horelican, of New Beacon Road in Grantham, was seen cycling in Grantham with a bike matching the description of one which was reported stolen to police earlier that day.
In interview Horelican, 18, told police he had bought the bike 15 minutes before he was approached by police. He had been offered it for £50 but made a counter-offer of £20 which was accepted.
Marie Stace, prosecuting, said Horelican told officers he suspected the bike may have been stolen as it was worth much more than £20.
Rory Macmillan, defending, said: “He has definitely learned a lesson and does not want to come back to court again.”
The court was told Horelican is currently out of work.
Horelican admitted handling stolen goods.
He was fined £65 and ordered to pay a £20 surcharge and £85 costs.