And here we arrive to the point of the original post. Value of the bike vs. Risk involved in retrieving it. A POS bike with a moderately good lock is far less likely to get stolen than a Canyon 7K e-bike with a lock that you can saw through in 3-4 minutes with a Li-ion battery powered angle grinder.
This was my logic as well. Bike got taken off from the front of a busy shopping centre, and nobody had bothered to get involved.