The story I heard--and I can't verify that it is the TRUE story--is, nevertheless, one of the better radio stories.
Supposedly, the owner was so displeased with the nighttime coverage that he refused to pay the consultant who had designed the night pattern. The consultant still had the keys to the transmitter building and, one night, he went to the building, removed the night phasor (and maybe the 500W night transmitter) loaded it all into the back of his pickup truck and departed. Since there was no sign of a break-in, it was obviously an inside job and the trail led immediately to the consulting engineer, who maintained that, since he was owed for the job and the station owner had refused to pay him (something he could document), he was simply taking possession of property that was rightfully his. The owner sued but I don't know whether the case ever got to court. And I don't know whether it was the owner or the engineer who returned the CP to the FCC and had it cancelled. It wasn't that the CP was never built. It actually was built--and then, umm, unbuilt.
Oh, and I have no idea who either the owner or the engineer were.
Now, if somebody knows the REAL story, does it top the version I just told?