The police prosecutor, Insp Bankole Olasunkanmi, told the court that the defendants allegedly committed the offence on December 28 at Otun-Ekiti.
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The police charged Emmanuel, whose address was not provided, with theft.
The Chief Magistrate, Abdulhamid Lawal, sentenced the convict after pleading guilty to the offence. He, however, gave the convict an option of N5,000 fine.
The defendant, of no fixed address, is standing trial on a charge of assault.
The defendants; Azubuike Emmanuel, 35; Oluwafemi Samson, 23; Okondo Olasunkanmi, 27; Bello Femi, 22; Nnamdi Ugwu, 34; Awoseemo Sesan, 32 and Agboju Isiaka, 24.