Detectives from Taskforce Lunar will investigate the circumstances surrounding an arson at a cycling store underneath a gym in Brunswick East in the early hours of Tuesday morning last week (Oct. 15).
Emergency services were called to the Lygon St scene following reports a black BMW was seen ramming the garage door of the ground floor business about 2.55am.
It is believed the offenders used the stolen car to ram the door, before exiting the stolen BMW X5, entering the store and setting it alight.
Police have been told one of the male offenders also set fire to his arm in the process, forcing him to flee the scene on foot.
The group was last seen running towards Nicholson St.
Investigators believe the gymnasium above the cycling store was the intended target of the attack and are treating the incident as targeted.
No one else was physically injured in the fire, but the building sustained significant damage.
Investigators believe the BMW was stolen from a Heatherton address on October 3.
The investigation remains ongoing.