Published: Jul 20, 2012 11:18 AM EDT
Updated: Jul 20, 2012 11:37 AM EDT

CAPE CORAL, Fla.- Cape Coral Police Detectives have arrested Cory Ocean Shade, 24 of Cape Coral on charges of Grand Theft and Dealing in Stolen Property. Detectives were also able to recover a $10,000 antique handgun that had been stolen and returned it to its rightful owner.

On July 6th a Cape Coral man moved into his new home on SW 36th Terrace using a professional moving company. The mover was Cory Shade.

On July 9th the victim discovered that an antique Colt 45 silver plated pistol with pearl grips was missing. The victim filed a report with the Cape Coral Police Department, fearing the family heirloom collectable firearm was gone forever.

On July 18th local businessman Mickey Franklin contacted the Cape Coral Police Department and reported that he bought a firearm on a private sale and he believed the firearm might be stolen. Franklin had his suspicions that the deal was too good to be true and wanted to contact law enforcement to see if there were any open cases in which an antique firearm had been stolen.

Franklin stated that Cory Shade came to his store on July 18th and sold the gun for $300. Franklin, an avid gun collector who is known throughout the firearm collecting community, knew that the gun was worth much more. Franklin obtained a copy of Shade’s driver’s license and obtained a signature on a receipt to preserve for evidence.

Cape Coral Police Detectives confirmed that the gun was stolen and were able to return it to the original victim. Detectives were able to locate Shade on July 19th and place him under arrest for grand theft and dealing in stolen property.

“This story had a happy ending for our victim because of upstanding members of the community like Mr. Franklin. He knew something wasn’t quite right so he took action and partnered with law enforcement to help a crime victim and subsequently put a criminal in jail. We’re grateful for people of character like Mr. Franklin”-Lieutenant Tony Sizemore.