The 62-year-old man and a 58-year-old woman had their green Toyota Camry stolen from their drive early on Saturday in the Toowoomba suburb of Rangeville.
Queensland Police allege four teenagers armed with “a baseball bat and knives” threatened the pair, forcing them back inside their home.
Once inside, the teens allegedly stole mobile phones before fleeing in the couple’s vehicle.
This car was then allegedly driven to Wishart where the four occupants spotted another car in a driveway in Coora Street.
Three of the teens exited the stolen Camry – armed with the same weapons – and threatened a 27-year-old Highgate Hill woman before stealing her 2016 grey Subaru XV, police allege.
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Both stolen vehicles were allegedly driven away from the address and soon after, at around 10.45am, they came across a 2016 white VW Tiguan travelling along Hurlestone Street at Wishart.
Police allege one of the stolen vehicles stopped in front of the Tiguan and the other behind it, forcing the driver to stop.
One of the males then opened the driver’s side door and threatened the driver, a 42-year-old Mt Gravatt man, with a machete, forcing him from the vehicle, police allege.
All three stolen vehicles were then driven away.
None of the victims were physically injured.
Around 11.30am, police were alerted to the stolen Subaru travelling on the Warrego Highway near Helidon.
A tyre deflation device was successfully deployed with the vehicle coming to a stop between Helidon and Withcott.
A short time later, police observed the stolen Volkswagen travelling west on the Toowoomba Bypass near Withcott. This vehicle was also stopped near the Boundary Street off-ramp using a tyre deflation device.
Four boys, two aged 15 and two aged 16, were taken into custody without incident.
The 2007 green Toyota Camry, with Queensland registration 750 KVI, which was stolen from Rangeville, remains missing, with Queensland Police releasing an image for reference.
If sighted, please do not approach but immediately call triple-0 (000).
Investigations are continuing.