Despite this 1982 saw Bolt 200k in debt and in fear. His life was chaotic as he juggled shady underworld dealings with various affairs and had began to take extra precautions with security. He had many enemies and few real friends preferring the company of money and excitement. A business partner David Lovett may or may not have known that Bolt had been having an affair with his wife, but he was the first to be accused by police of the murder after Bolt was found with six hammer blows to the head breaking his skull from forehead to the nape of his neck.
Lovett was tried for the murder and found not guilty. He admitted to visiting Bolt on that day and an argument had ensued but convinced the jury that he was not Malcolm Bolts Killer. A picture was painted as Bolt as a lowlife, willing to do anything for money. The killer remains at large and the case is unsolved.
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