Investigators say the crash happened just before 8 a.m. near County Roads 2 W and 29. When troopers got to the scene, a 16-year-old boy was found pinned under a Ford pickup with a large amount of cash. Investigators would not say how much money was found.
The teen had non life-threatening injuries. He was airlifted from Lincoln County to a Denver hospital where he is being treated.
They traced the pickup back to the 16-year-old's home in the small town of Hugo, a few miles southeast of Limon on Highway 40.
Another family member let authorities into the house where an elderly couple was found dead around 12:40 p.m. Investigators say the teenager is the only suspect in the murders and the teen is related to the victims. 9NEWS has learned the teen was living at the house and had a key. Investigators say there was no forced entry.
9NEWS is not identifying the teen because he is a juvenile.
Authorities have not released the names of the victims, but 9NEWS has learned they were Charles and Laura Claggett and both were in their 80s.
"It's tragic for this community and tragic for the county," Lincoln County Sheriff Tom Nestor said.
The 16-year-old was involved in high school athletics and other extra curricular activities. His picture appeared in a local newspaper earlier this month.
"He was a good kid, in good standing with our school district. We wish the best for him," Dr. Pat Cullen, superintendent of the Genoa-Hugo School District, said. "Everybody's hurt. This is a terrible situation."
Nestor says he knew the victims personally.
"We see each other in the post office. We see each other in the grocery store," he said.
This is the second death investigation in the town of Hugo in less than a week. On Saturday, 78-year-old Mary Mosher was hit and killed by a drunk driver. She had stopped to help a person in another vehicle who had already been hit by the same drunk driver.
Nestor says the entire Lincoln County community is hurting because of the double murders in Burlington last month and the fatal shooting of a police officer in Limon.
"This is absolutely the worst month of my career in Lincoln County," Nestor said.
He has worked in law enforcement in Lincoln County for more than 20 years.
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