The suspected leader of a Toronto bicycle theft ring has pleaded guilty to possessing 10 stolen bicycles and to six drug possession charges.

Igor Kenk was sentenced today to 30 months in jail.

However, due to time he served awaiting trial, he will serve four more months.

Kenk, 50, who operated a used bike shop, was arrested in July 2008.

In a series of subsequent raids of his rental garages, thousands of allegedly stolen bikes were seized. There were also a number of drug-related seizures involving cocaine and marijuana.

A judge ruled that the public benefited from Kenk's plea bargain, as his business is no longer in operation and bike registration has increased significantly. (CP24, Citytv)

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