Homeless Man Finds $50K in Park

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NEAR SAN ANTONIO, Tex. -- What would you do if you found a bag of money? A homeless Texas man found $50,000 in a park. Now, six months later police are trying to decide if the man is entitled to the money.

Bastrop Police say Timothy Yost was in a park when he found a bag full of wet money.

"It was buried in the ground in Fisherman's park and part of the bag was sticking up from out of the ground," said Chief Michael Blake with Bastrop Police. "I'd say it was between $50-$100,000."

Yost took the money to the bank and tried to exchange it for dry money. That's when bank employees called police. Police investigated for six months and determined that the money is not connected to any drugs.

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

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"We've actually had one person who said it was his money but has yet rescinded that and signed a statement saying he does not wish to pursue claim to those funds any longer," the chief said.

The man didn't want to bring any attention to himself while police try to determine who should get the money.

Tuesday night, the Bastrop City Council voted unanimously to let Yost keep the money. He will get the money within 48 hours.

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