Homeless Man Finds $50k

By: Eric Gonzalez
By: Eric Gonzalez

Finders keepers?

A homeless Texas man says he stumbled across more than 50-thousand dollars in a park in January.

Now, more than six months later, police decided what to do with it.

Eric Gonzalez has the story.

"It was buried in the ground in Fisherman's park and part of the bag was sticking up from out of the ground..."

Bastrop police say in January Timothy Yost-a homeless man- was in Fisheman’s Park in Bastrop when he found a bag full of wet money.

"I would say it's between 50 and hundred thousand dollars."

Yost took the bag to the bank and tried to exchange it for dry money.

That's when the bank called police.

After a 6 month investigation police could not tie the money to any drugs.

"We tested the money to see if it had been in contact with any illegal substances."

Finally one person said it was his money and Bastrop police believed he was the rightful owner.

"We've actually had one person who said it was his money but has yet rescinded that and signed a statement saying he does not wish to pursue claim to those funds any longer."

Police say the man did not want to bring any attention to himself.

So now Bastrop city council will meet to determine who should get the money.

"They'll make a determination on how they're going to dispose of the money."

"I think they should give him the money. You know, if you're out enjoying the park it's a pretty great find."

Timothy Yost 's attorney says she is optimistic that they will rule in favor of him...getting to keep the money...

But he will not be at the council meeting to claim it himself because Yost is in the Bastrop county jail.

"Mr. Yost would be the only person that would that I'm aware of at this point that would be trying to pursue claim to those funds."

Tuesday night, the Bastrop City Council voted unanimously to let Yost keep the money...

70 one hundred-dollar bills and 40 Krugerrand gold coins from South Africa.

Yost will get the money within 48 hours.

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