What do you hope to achieve by letting the guy who lost/stole the coins work on mythical projects for months with zero progress?
Its possible that it takes time to reachieve the lost coins. So no need to be hasty. Though in return if sueing really means bankruptcy without the chance to get the original coins back then yes... sueing now would be the most stupid idea. And only because someone thinks he knows what happened and thinks ukyo is lying.
Is there ANY reason to believe that this 'Ukyo' is genunely trying to return the "lost" coins?