Alleged McMinnville Loan gunman bound
The gunman who allegedly robbed McMinnville Loan last month has been bound over to the grand jury.
The defendant, Vinkey Terry, 56, waived his right to a preliminary hearing and was bound to the August session of the Warren County grand jury on the charge of aggravated robbery. If convicted, he faces eight to 12 years in prison.
His arrest came after he allegedly robbed McMinnville Loan located on Chancery Street across from Bobby Ray Elementary. Terry had formerly done business with the loan company and was reportedly familiar with where the money was stored.
The business manager, who had been forced into a back room during the robbery, saw Terry enter his get-away vehicle and got his tag number. Terry was soon traced to his cabin atop Harrison Ferry Mountain, but was able to elude initial capture by fleeing into the woods. Lawmen reportedly found indications of a meth lab on Terry’s property during a search of the area. Terry was taken into custody the following day when lawmen returned to find him at his cabin.
While Terry remains in custody, lawmen are still trying to find out where he allegedly hid the thousands of dollars taken in the heist. Terry has been cooperative with police; however, at this point the cash still remains hidden at an unknown location. Reports indicate Terry may not remember exactly where the money is hidden since it was reportedly stashed in a hurry at some point during his get-away.
Terry led lawmen to the BB gun he passed off as a real gun during the robbery and has reportedly confessed to the heist.