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The raiders, in a stolen Audi RS6 raced through narrow streets in Chemsley Wood near Birmingham Airport as they were pursued by tenacious motorway police in a BMW.
The dramatic footage was captured by an officer's dash cam, the Birmingham Mail reports.
The gang initially escaped the chase and police helicopter crew and dog handlers joined the search for them.
The getaway car was abandoned in Clent Way, Bartley Green, where Simon Phillips, 38, and 33-year-old Terry McMahon were found by officers hiding in a hedge.