Eight 'Speckle Park' calves have been returned to their dairy farm on Blamey Rd, Yarroweyah after a woman and teenage boy were arrested for the theft.
A 53-year-old Colac woman and a 17-year-old Werneth boy were arrested after a month-long investigation into theft of livestock from northern country Victoria.
The calves, which comprised of a heifer and seven bulls, were stolen on Friday June 8.
Members from Eastern Region Crime Team, with assistance from regional detectives, executed warrants in Colac and Werneth at around 7.30am this morning.
Sheep stolen from saleyards in Shepparton on 19 May have not yet been recovered.
The pair continue to assist police with their enquiries.
If you see any suspicious behaviour, particularly stock crates or trailers which appear out of place, then report this to police or to contact Crime Stoppers on 1800 333 000 or www.crimestoppersvic.com.au.