A Good Samaritan dog walker has been hailed a hero for helping police capture a wanted man on the Gold Coast.

Police have released incredible Polair footage of the dramatic arrest which unfolded on the streets of Mermaid Waters on Thursday morning.

Police were chasing an allegedly stolen white Toyota Hilux at the time.

Officers attempted to intercept the vehicle as the driver allegedly rammed a police car and reversed into another vehicle before driving off again.

The Good Samaritan who crash-tackled the offender to the ground has been hailed as a hero

The driver causes traffic chaos while fleeing the scene, driving on the wrong side of the road and into oncoming traffic at a roundabout.

Police deployed a tyre deflation device to stop the vehicle and the pursuit eventually ends nearby as the driver tried to flee the scene on foot.

But his freedom was short-lived and stopped in his tracks by a passer-by walking his dog along a nearby bridge, who crash-tackled the man to the ground.

A struggle ensues but the dog surrounds the pair to ensure the offender doesn't get away.

The Good Samaritan managed to detain the man on the ground until police arrived a short time later.

The dramatic incident unfolded on the streets on the Gold Coast on Thursday morning

Officers are captured high-fiving the Good Samaritan for his heroic efforts.

The alleged offender was taken into custody shortly afterwards without incident.

A 16-year-old female passenger in the allegedly stolen vehicle was also taken into custody.

The man, 40, was charged with dangerous operation of a vehicle, driving a motor vehicle without a licence, offences involving registration certificates, possession of dangerous drugs and possession of utensils.

He was refused bail to appear in Southport Magistrates Court on Friday.

The driver of the allegedly stolen white Toyota Hilux rammed a police car and reversed into another vehicle before fleeing the scene on foot. He was caught shortly afterwards

The offender tried to flee police but was stopped in his tracks of a passer-by walking his dog

Queensland Police are now on the hunt to track down the Good Samaritan dog walker, so he can be commended for his actions.

'Good police work with the help from a member of the public leads to man's arrest in Mermaid Waters today,' the police captioned the footage on social media, which has since gone viral online.

A Facebook post of the footage garnered more than 82,000 views almost 2,000 comments within an hour.

'That guy with his pooch and you police deserve a cold beer tonight...Well done Civilian Well done Police...Thanks for keeping us safe,' a woman commented.