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Published 15:49 6 Dec 2021 GMT
Updated 16:20 6 Dec 2021 GMT
Tiger sharks can grow up to 18 feet/Via Unsplash[/caption]
At the time, witness Narcisse Leo Young told The Sydney Herald: "I was three or four metres from the shark and clearly saw come out of its mouth a copious brown froth which smelled really foul."
However police concluded that the arm, belonging to one Jimmy Smith, had not been bitten off - but sliced.
Here's where things get particularly interesting.
Police discovered that Smith was connected with a local drug gang led by Reginald Holmes.
https://www.youtube.com/watch?v=N-FqJzC3tA8
Holmes and Smith had teamed up with Patrick Brady, an ex-serviceman who had been convicted of forgery. The group began forging cheques and then using their businesses to cash them - but things turned sour in the group and Smith began blackmailing Holmes.
On Smith's final night, he drank at a hotel with Brady - who was arrested three weeks after the shark vomited his victim's arm up.
Holmes was found with three bullets in his chest and the rest of Smith's body was never found. Patrick Brady denied any involvement until his death in 1965.
Our money's still on the shark.
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