You did well, congratulations. OTOH the driver running a red light, well I'm not so sure about. If he took the time to verify there were no cars around, I'm ok with it. But if a cop was watching IMO the driver would have had to pay a price. BTW most cops could care less about a bike being ripped off. My opinion comes from experience with them. It turned out well, you got the bike back, no one was hurt, again congratulations .