OP you did the right thing given the situation.
Now if you want to go all theoretical, remember IANAL and this is just my opinion.
So the theoretical situation is that you are out of your car, your wife and kids are in the car, and 4 suspicions males approach from across the street. They clearly state that they just want your money and don't want to hurt you (seems a little unlikely they will say they don't want to hurt you, but it's your scenario).
What do you need to consider?
Do you believe the 4 criminal? After all, why would they lie.
What would they do if they saw your gun while you tried to comply? I have trouble believing they would politely say "thanks for the money you can keep the gun" and walk away. I think they take your gun.
Now they are armed. And you know what they look like. You have contact information that may lead back to them. You saw them at a car that may also be traceable to them. It's no longer a $400 theft, it's a firearm theft (more interest from the police). They now have a weapon and are a clear threat to you, your wife, and your kids....but you don't have a means to defend yourself or your family. Maybe they'll let you call the police who will get there is 10-15 minutes.
Now understand this is just a theoretical game. I would have done what you did and get the F out of there ASAP. I'd never put a physical conflict, armed or unarmed, before safely retreating with my family.
Now if you want to go all theoretical, remember IANAL and this is just my opinion.
So the theoretical situation is that you are out of your car, your wife and kids are in the car, and 4 suspicions males approach from across the street. They clearly state that they just want your money and don't want to hurt you (seems a little unlikely they will say they don't want to hurt you, but it's your scenario).
What do you need to consider?
Do you believe the 4 criminal? After all, why would they lie.
What would they do if they saw your gun while you tried to comply? I have trouble believing they would politely say "thanks for the money you can keep the gun" and walk away. I think they take your gun.
Now they are armed. And you know what they look like. You have contact information that may lead back to them. You saw them at a car that may also be traceable to them. It's no longer a $400 theft, it's a firearm theft (more interest from the police). They now have a weapon and are a clear threat to you, your wife, and your kids....but you don't have a means to defend yourself or your family. Maybe they'll let you call the police who will get there is 10-15 minutes.
Now understand this is just a theoretical game. I would have done what you did and get the F out of there ASAP. I'd never put a physical conflict, armed or unarmed, before safely retreating with my family.