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Thames Valley Police is appealing for witnesses following a robbery in Sulham Hill, near Tidmarsh.
The incident occurred at around 2.50pm on Saturday (16/11).
A green Subaru, drove at the victim, a boy in his teens, who jumped of his bike and avoided a collision.
One of the occupants of the Subaru has got out and taken the bike and rode off.
The car then drove towards the woods where another occupant got out and chased three others on bikes, but they got away.
One of the offenders is described as a white man, around 6ft tall, of average build and had slick black hair. He was wearing a chequered shirt, a dark green gilet and jeans.
Another offender was described as a white man, around 6ft tall, with slicked back brown hair and was wearing a chequered shirt, brown gilet and jeans.
Investigating officer, Detective Constable Molly Holland, based at Newbury police station, said: “We are asking anyone with information to please call 101 quoting reference 43240555313.
“Additionally we ask anyone with mobile phone, CCTV or dash-cam footage from to get in touch with the force in case it has captured something which may assist this investigation.
“If you do not wish to speak to police you can contact the independent charity Crimestoppers on 0800 555 111.”
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