Apparently the horses were found tied to trees in the woods and abandoned. They had all lost a lot of weight. I hope they find the (expletive deleted) who did this and prosecute them to the fullest extent of the law. Too bad they don't hang horse thieves any more.
The rumor/speculation is that maybe this was done as a revenge type thing by a competitor. But I can't see anyone who also rodeos and uses horses doing something like this to a horse. Honestly with horse prices they way they are, I can't see why anyone would go to the trouble of stealing them. Unless someone knew the horse and its background, even good broke horses like these wouldn't bring all that much.
Oh and apparently they got back some of their stolen tack also.