Three men are under police custody after they were caught red-handed snatching a vessel worth close to $47, 000 dollars.

According to reports, Thomas Vidrine from # 1 Crocodile Drive in San Pedro Town reported to police that his boat was being stolen from the dock where he had it secured by a man in a wooden dory.

Quick police response led to the recovery of the 20ft vessel "MIN MIN" and the arrest of three men.

Police investigations continues.

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