, Ark. - A college student was arrested in the theft of a briefcase containing more than $140,000 from the home of the chairman of meat processing giant Tyson Foods Inc., police said.
Ryan Silvey, 19, was arrested in Olathe, Kan., by the FBI Fugitive Task Force, the Johnson Police Department said. He was taken back to Arkansas to answer a theft charge and was being held in lieu of $50,000 bond Saturday at the Washington County jail.
The briefcase was stolen during a party thrown by John Tyson's daughter at the family's home in Johnson around Dec. 27 without his knowledge or consent, police said. Silvey and another friend were uninvited guests who acted suspicious while looking around the house, police said.
Tyson reported the theft Jan. 2, saying he had collected the money over time and had it hidden in the house.
"I regret this happened and it saddens me, but I'm very grateful to our local police team for all the great work they did to get this resolved," Tyson said in statement. "I have certainly learned a lesson through this ordeal and will never leave cash in my house again."
Police say they have recovered some of the money.
The jail did not have any attorney information for Silvey, who is the son of Steve Silvey, head track coach at the University of Louisiana at Lafayette. The senior Silvey was the assistant sprint coach at University of Arkansas from 1994 through 2000.
Silvey said he heard about the arrest Saturday morning and was "very disappointed, very shocked." Ryan Silvey lives with his mother in Fayetteville, Ark., he said. "We're not very close," he said.
Another man, Logan Lorenz, 23, was arrested on a theft charge and released Friday, police said. Police say they are still seeking Bryce Kelly Anderson, 19.
It was not clear whether either man had an attorney. An officer at the Johnson Police Department referred questions Saturday to Detective Denny Upton, who could not be reached for comment.
Tyson, 54, took over as Tyson's chairman in 1998 and was chief executive from 2001 to 2006. He led the 2001 merger with meatpacking giant IBP Inc. that made Tyson Foods the world's largest meat processor.
does anyone care to know what this guy was doing with a briefcase full of cash in the first place? no? just me, huh? ok.......