Two men broke into a shed in Rosemary Road in Poole, stealing an orange Scott Spark 960 mountain bike.
The incident was reported to Dorset Police at 11.15pm on Wednesday 20 October.
Officers attended and carried out an area search for the suspects, but they were not located.
Police Constable Harry Heawood, of Poole police, said: “An investigation is underway into this incident and I am appealing for anyone who witnessed any suspicious activity in the area to please come forward.
“I would also urge residents and motorists to please check their home CCTV systems and dashcams for any footage to help my enquiries.
“Finally, I am keen to hear from anyone who may have seen a bike matching the description given for sale locally in unusual circumstances.”
Anyone with information is asked to contact Dorset Police at www.dorset.police.uk, via email firstname.lastname@example.org or by calling 101 quoting occurrence number 55210169717. Alternatively, to stay 100 per cent anonymous, contact the independent charity Crimestoppers online at Crimestoppers-uk.org or call Freephone 0800 555 111.
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