Published: Aug 09, 2010 12:11 AM EDT
Updated: Aug 08, 2010 7:14 PM EDT

NORTH FORT MYERS, Fla. - Friends of the man suspected of killing his 83 year old former neighbor, say he asked for cash to skip town.

Larry Baldwin was arrested Saturday for the death of 83 year old John Quimby, whose body was discovered Friday afternoon, stabbed to death.

Friends and co-workers of Baldwin say he called them asking for money to skip town because he had just killed a man, "...he made a phone call to one of his best friends and he told him he said he needed money to get out of town because he did a hit - this is what the guy told me yesterday and I was like oh my god I couldn't believe this."

Baldwin, known on the streets for his drug addiction, was released from jail 2 days before Quimby was believed to killed.

Investigators say Baldwin robbed and killed his former neighbor.

Witnesses of the arrest say the 45 year old suspect confessed and told police he hid the stolen goods in a near by wooded area.

Baldwin had been in jail twice in 2010 for driving with a suspended license.

He was denied bond at a hearing Sunday, and is set for trial in early September for 2nd degree murder.