Seventeen carousel horses and a wooden chariot owned by developer William Sitar were stolen from a storage facility at his Twinbrook Golf Center in the borough.

After Tinton Falls police were given information by an antique dealer that someone was trying to sell the items, an investigation began and led to the arrests of four people and recovery of the stolen objects.

James Basko, 29, of Matawan, was charged with burglary, theft, tampering with a witness and conspiracy. He was taken to the Monmouth County Correctional Institution, Freehold Township, and was released on bail.

Anthony Hulsizer, 19, of Keansburg, was charged with burglary, theft and conspiracy. Crystal Sullivan, 27, of Matawan, was charged with conspiracy and Crystal Neal, 18, of Bradley Beach, was charged with receiving stolen property. Hulsizer, Sullivan and Neal were released pending court appearances on the charges.

Detective Corporal Chris Camilleri of the Tinton Falls Police Department said that some of the stolen merchandise was offered for sale at the Collingswood, Lambertville and Columbus, N.J. flea markets. He said some of the stolen carousel horses had been purchased by antique dealers and a private citizen.

According to Save Tillie Inc., a nonprofit organization which tried to save the Palace from demolition, the chariot is a valuable artifact dating back to the time when the Palace was a wooden Victorian pavilion housing the carousel.

Camilleri said he believed that all of the stolen goods have been recovered, though police are awaiting an official account of the missing items from Sitar, who purchased the horses with the hope of someday returning them to the Palace.