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@Crucifixi
No, sorry, should have mentioned this earlier; after they took it some girls who knew the thieves called them and tried to get them to give the bike back. Although it came to nothing (they said they were going to bring it back but then apparently turned their phones off). However, this person will know who stole it. And have their numbers. And police could easily find out from this source, if they're willing to give their info.
Thanks for the offer Strangler but I think parents' home contents covers the bike if it isn't found by the police- but I really can't replace this bike..