At approximately 10pm on Thursday 29 November 2016, Perth Bike Team were patrolling around the Perth CBD when they came across a man in possession of an expensive bicycle.
The bicycle is described as a blue coloured Giant road bike.
The man was unable to prove to police that he was in fact the owner of the bicycle.
Police believe the bike is stolen and are calling for the owner to contact police.
Police have released an image of the bike.
If you have any information about this bike, make a report online at crimestopperswa.com.au or call Crime Stoppers on 1800 333 000, where all calls are strictly confidential, and rewards are offered.