Steal drug and money (6)

I believe the answer is:

nickel

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'steal drug and money' is the definition.
I can't judge whether this defines the answer.

'steal drug and money' is the wordplay.
'steal' becomes 'nick' (nick can informally mean to steal).
'drug' becomes 'e' (E is another name for ecstasy).
'and' is a charade indicator (letters next to each other).
'money' becomes 'l' (L can mean 'pounds').
'nick'+'e'+'l'='NICKEL'

Can you help me to learn more?

(Other definitions for nickel that I've seen before include "5 cent piece - element" , "Metallic element, Ni" , "Five-cent piece in the US" , "Sliver of wood/glass" , "American coin; element" .)

I've seen this clue in The Hindu.

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