RCMP from Innisfail, Alta., say a police dog has tracked the suspect to a greenhouse near Bowden, and officers have surrounded the area.
Thursday's drama began to unfold around the supper hour when RCMP got a complaint of a stolen vehicle driving erractically on the Queen Elizabeth II Highway after being involved in a hit-and-run near Penhold, Alta.
RCMP located the vehicle abandoned in a rural area, and brought in the dog to track the driver.
Dillon Bristow, 20, of Innisfail, is being sought on a warrant for robbery with a firearm and trafficking cocaine.
RCMP say that as Bristow is considered armed and dangerous, residents of Bowden and the surrounding area are being asked to stay inside their homes.
The Calgary Emergency Response Team is on the scene along with an RCMP helicopter.
Last weekend, RCMP say two people allegedly tried to rob a person at gunpoint at a campground west of Innisfail.
One of the thieves allegedly fired a gunshot into the ground prior to fleeing the scene in a stolen pickup truck, which was located a short time later.
Michael Holt, 33, of Red Deer, Alta., was arrested earlier this week in Bowden and has been charged with possession of property obtained by crime and possession of cocaine.