Theo is CFO for a company that produces parachutes used for jumping into abandoned wells.
Yeah, I remember hearing that rumor, too, but the real reason for his disappearnce is much more sinister.
Theo finally tired of playing second fiddle in the Pond Boss world, which he came to view as limited in potential, as well as being full of annoying people like Sunil. He's launched an alternative publication which he calls "Pollboss", and is at this moment chasing a 2500 pound bull across a field in central Indiana with pair of boltcutters.