Crossword Genius

Steal penny and carefully move away (5)

Ross

I believe the answer is:

pinch

I'm a little stuck... Click here to teach me more about this clue!

'steal' is the definition.
(pinch can mean to steal)

'penny and carefully move away' is the wordplay.
I cannot really see how this works, but
'penny' could be 'p' (short for pence) and 'p' is located in the answer.
'and' could be 'n' (common abbreviation for 'and') and 'n' is found in the answer.
The remaining letters 'ich' is a valid word which might be clued in a way I don't see.
This explanation may well be incorrect...

Can you help me to learn more?

(Other definitions for pinch that I've seen before include "collar" , "Steal; small quantity" , "Steal (colloq.); one felt by the poor" , "appropriate" , "Steal (informal); squeeze" .)

I've seen this clue in The Irish Times.
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