Police are appealing for information following an incident in Belmont last night.
Police responded to reports of a white BMW X5, driving erratically on Breakwater Road, Thomson about 9pm.
It is understood the BMW was stolen from Gurr Street in East Geelong earlier that evening.
Officers located the vehicle still on Breakwater Road and attempted an intercept but the vehicle failed to stop.
A pursuit was initiated near Breakwater Bridge but terminated shortly after due to safety concerns.
The offending vehicle attempted to overtake a white VW and the two collided about 9.05pm.
The VW came to a stop and the male driver was uninjured.
The BMW also came to a stop shortly after and the three occupants of the vehicle fled into South Barwon Reserve.
The Air Wing and Dog Squad assisted with a search of the area however were unable to locate the three.
Anyone with information or dash cam footage of the incident is urged to contact Crime Stoppers on 1800 333 000 or submit a confidential crime report at www.crimestoppersvic.com.au.