Boroondara Crime Investigation Unit detectives are investigating a carjacking in Hawthorn on Saturday night, 25 January.
Investigators have been told a 38-year-old Templestowe man was parked in his vehicle, a special edition Holden Commodore, on Elgin Street near Barkers Road in Hawthorn just after 11pm.
He was about to drive off when a blue Subaru WRX pulled up next to him with an unknown male and female inside.
The male parked in front of the victim's vehicle, yelling at the driver, inferring the vehicle was stolen and it belonged to a friend of his.
The victim denied this accusation, the male offender then reached in and grabbed the keys.
The victim got out of his car and tried to get the keys back but the female passenger from the Subaru prevented him.
The male offender jumped into the Commodore and took off at speed on Elgin Street, the female also drove away in the Subaru they had arrived in.
The victim was not physically injured.
The stolen vehicle, a 40th anniversary edition red Holden Commodore with registration 40YRS, is yet to be located.
Investigators have released footage of the offending vehicle and images of the stolen vehicle.
Anyone with information or footage is urged to contact Crime Stoppers on 1800 333 000 or submit a confidential report online at www.crimestoppersvic.com.au.
