Agreement reached over buried cash found in Runaway Bay

A long legal battle over who should receive a share of hundreds of thousands of dollars in cash found buried on a Gold Coast construction site has finally come to an end.

Two tradies dug up the cash, which was made up of old paper notes totalling $388,850, while clearing a development site on Lae Drive in Runaway Bay in October last year.

The men handed the money over to officers at the Runaway Bay Police Station, before digging up further notes the following day, which were also handed into police.


The total value of the massive haul of cash, which was found buried in plastic tubs on the site, was revealed to be a whopping $476,600.

A dispute over who should receive the funds has been ongoing ever since, however a ‘confidential agreement’ between the two tradesmen, the Runaway Bay land owner and the son of the former land owner has now been reached.

The parties came to a secret settlement during mediation earlier this week, meaning the exact figure each person walked away with will remain confidential.