What kind of TV was it?

Theo and Malone?! Give me a break, first of all the name of the street is a dead giveaway and upon going there you would know you aren't getting anything except into trouble. This is common sense people!

They probably approached him at a convenience store or simular location and offered him a ridiculously low price on a TV. He should have known it was probably stolen at best. They then told him to follow them around the block or some other location where they held him up for his car. He's lucky he didn't get hurt or killed. All because of greed. He wanted to save money by getting someone elses stolen TV for himself. This is just speculation, but I'll bet it went something like that.