Here is a quote from a Kentucky Kache thread about an old CSA veteran who claimed to serve under Morgan:
The night before his capture, Morgan allegedly buried 5,000 in gold coins extorted from mill owners in Indiana somewhere between West Point and East Liverpool.
Around 1905, an elderly gentleman who claimed to have been a member of Gen. John H. Morgan’s forces appeared at the Hansaker farm on Sanner Road in Starr Township in Hocking County. According to the old veteran, a party of raiders he had been riding with on Morgan’s 1863 foray into Kentucky and Ohio had buried an iron pot full of stolen gold coins, jewelry, and other valuables in the area as they headed for Nelsonville in an effort to shake the Federal pursuit that dogged them. The old vet did a lot of searching in the vicinity of Oil Well and Berry Hollows, but he never did locate the cache.
Unless its been found, the bulk of any treasure probably isn't in Elwood