I have to say one thing - all of us, myself included, jumped to the conclusion that this instrument was stolen. There is a very real possibility that Pete inadvertently left the banjo on the top of his car and drove off.
I guess it is a lesson to us all to not make assumptions until the facts are out - and rely on the media for facts (again myself included!)
The great news is that the banjo is back where it belongs! I like happy endings.