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The Baker Street robbery took place on the night of 11th September 1971. The safe deposit boxes of Lloyds Bank, located on the corner of Marylebone Road and Baker Street, were stolen. The thieves rented a shop named Le Sac, a leather goods shop which was just two doors away from the bank, from which to tunnel into the bank. The distance of the tunnel was approximately 15 metres, bypassing the Chicken Inn restaurant that was locate between Le Sac and Lloyds Bank. Only digging on weekends to avoid being overheard, they had to ultimately use explosives to break into the vault.

A radio ham operator named Robet Rowlands overheard conversations conducted between the robbers and their rooftop lookout at approximately 11pm. Though he contacted the police and tape recorded the conversations, there was little that could be done to prevent the robbery as there was inadequate information by which to pinpoint exactly which bank was being robbed. Police checked every bank within 10 miles of Mr. Rowlands’ receiver, a staggering 750 banks, and even checked the Baker Street Lloyds Bank. Though the thieves were actually still in the bank, the police didn’t realise as the security door was still locked. The robbers made off with £3 million in cash and valuables! Lucky there were no herrenuhren watches there!