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Old man committing robbery, and going to pieces (9)

Ross

I believe the answer is:

panicking

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'going to pieces' is the definition.
The definition and answer can be both to do with human feelings as well as being present participle verbs.
Perhaps they are linked in a way I don't understand?

'old man committing robbery' is the wordplay.
'old man' becomes 'pa' (both can mean someone's father).
'committing robbery' becomes 'nicking' (I am not sure about this - if you are sure you should believe this answer much more).
'pa'+'nicking'='PANICKING'

'and' is the link.

Can you help me to learn more?

(Other definitions for panicking that I've seen before include "Acting rashly through fear" , "Losing one's head" .)

I've seen this clue in The Times.
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