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It is understood Hasan Topal, 28, is accused of demanding weekly payments of $2000 before stealing the man's blue Honda Accord on May 26.
The Age was told the nightclub promoter was lured to a meeting near a milk bar in Delahey, where he was allegedly ambushed and assaulted by two men.
The eldest son of underworld figure Nabile Maghnie - who has survived two shootings - is understood to have been present when the assault occurred.
Topal, who is currently on a community corrections order, is believed to have arrived soon after and allegedly made a series of threats before taking the Honda.
"We're keen to speak to anyone who may feel reluctant to report anything to police," Detective Superintendent Peter Brigham said.
"I'd urge those people to contact their local police station and report the offence so it can be investigated.
"We're not intimidated by them and we will not allow our communities to be."
Topal, who was signed to Chadwick Model agency and worked as a personal trainer, was recently banned from entering the La Di Da nightclub in King Street after an alleged bid to extort money from the late-night venue.
In March, Topal ascended to the highest ranks of the Comanchero gang when former president Mick Murray was jailed for eight months for refusing to answer questions from Victoria's Chief Examiner.
Topal is on a 12-month community corrections order for refusing police access to mobile phones. He was also sentenced to time served for an assault at a luxury car hire company in Richmond last May that left a man with a fractured eye socket.
He was on bail over the incident when, police alleged, he was involved in a wild Comanchero-on-Comanchero brawl at a Canberra strip club while on a national run in August.
The brawl broke up before police arrived to find the floor littered with broken glass and dozens of Comanchero members unwilling to talk.
The Comanchero gang has been under intense police scrutiny after a spate of violence across Melbourne, much of which related to an internal leadership struggle that resulted in at least two public shootings in broad daylight.
"We know the Comancheros have traditionally been involved in violent crimes such as shootings, assaults, arson, drug trafficking and extortion," Detective Superintendent Brigham said.
"This criminal activity and the often indiscriminate nature of it represents a severe and unacceptable risk to the safety of our community."