Plano, Texas – A multi-agency investigation has successfully dismantled a high-end auto theft ring after a stolen 2024 Rolls-Royce Spectre led authorities to uncover nearly $1.5 million worth of stolen luxury vehicles, firearms, body armor, and auto theft tools, officials announced Tuesday.
Arrest of Three Suspects
Three individuals — Oscar Ivan Valdez, 28; Salvador Hernandez, 29; and Miguel Angel Hernandez, 27 — have been charged with theft of property over $300,000, a first-degree felony, according to the Plano Police Department.
Valdez is currently being held in the Collin County Jail on a $1 million bond related to the theft charge. Authorities also revealed that Valdez has 15 outstanding felony warrants from other agencies.
Salvador and Miguel Hernandez were each held on a $50,000 bond and have since been released after posting bail.
Investigation Sparked by Stolen Rolls-Royce
The investigation began on June 6, when a 2024 Rolls-Royce Spectre was stolen from a valet stand at a Plano restaurant.
Surveillance footage later led authorities to a 2025 Mercedes S63 AMG, which was flagged by the Texas Department of Public Safety and identified as the suspect vehicle.
Plano police detectives, working in collaboration with the Texas DPS, Dallas Police Department, and the FBI, tracked the suspects, eventually leading to a significant breakthrough.
Search Warrants Lead to Recovery of Stolen Vehicles
On June 11, law enforcement officers executed search warrants at two connected residences, uncovering a fleet of stolen luxury vehicles. Among those recovered were:
- Rolls-Royce Spectre
- Rolls-Royce Cullinan
- Cadillac Escalade-V
- Maserati Levante
- Audi RS7
The total value of the vehicles is estimated at nearly $1.5 million. All of the stolen vehicles have since been returned to their rightful owners, according to Plano police spokesperson David Minton.
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Other Seized Items and Potential for More Charges
In addition to the stolen vehicles, authorities seized firearms, body armor, and tools typically used in auto theft operations.
Minton mentioned that additional charges, including potential federal charges, may be filed, but no further details have been disclosed as the investigation continues.
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