Yes and no. Rich places that can trivially afford to over-staff their PD's compared to the amount of "real crime" to go around are some of the worst when it comes to baseless fishing.
I had a guitar stolen out of my car in the late 90's. It was hot pink, and I was pretty sure that the thief would try to pawn it. So when I spoke with the cop who showed up, I mentioned about checking pawn shops etc. He said "Sounds like a good idea. If you find anything, let us know..."
Completely useless choads...