Richard Michail is charged with stealing a Lamborghini.

Richard Michail is charged with stealing a Lamborghini. Photo: Joe Armao

ONE of two men charged over the armed robbery of a $400,000 Lamborghini from a Port Melbourne dealership on Tuesday is the ''enforcement officer'' of the Melbourne branch of the Finks motorcycle club, a court has been told.

The Lamborghini Gallardo was allegedly stolen from the Lorbek Prestige Cars dealership in Plummer Street, Port Melbourne, just after 11am and later recovered nearby in Bertie Street.

Police allege Richard Michail, 36, of Port Melbourne, and Matthew Ward, 33, of Happy Valley in South Australia, threatened the dealership's principal, Srecko Lorbek, with a gun that resembled a police revolver and slammed his head into a car windscreen.

Michail was bailed on Tuesday night in an out-of-sessions court hearing. Yesterday police applied to have that bail revoked.

Detective Senior Constable Christopher Sheen told the Melbourne Magistrates Court that Michail was the ''acting sergeant'' of the Finks bikie club in Port Melbourne, which was ''largely an enforcement role''.

Senior Constable Sheen said Michail and Ward threatened Mr Lorbek with the handgun and told him that if he did not hand over $50,000, they would steal the car.

Michail and Ward face six charges each, including armed robbery, robbery, intentionally causing injury and making an unwarranted demand with menaces.

Police opposed continuation of Michail's bail, saying he was a flight risk, having moved from Queensland three years ago.

''The Finks motorcycle club could have links in every other state,'' Senior Constable Sheen said. ''[It is a] national crime organisation with extensive links. He's got links to other known criminals. The victim is terrified of repercussions.''

The detective said it appeared Michail also had links within the Comancheros bikie gang.

Defence lawyer Tania Bolton said Michail had stable ties to Victoria, including family and a career, and he was not a flight risk. Ms Bolton said Michail had been co-operative with police and invited them to search his house, car and office.

Magistrate Anne Goldsbrough said she found the $400,000 price tag on the car ''unbelievable - but that's what I'm told''. She said the fact that the gun had not been recovered was extremely concerning and she revoked Michail's bail.

Ward, who wore a black T-shirt with the words ''Finks Adelaide'' emblazoned across it, appeared in court yesterday. The men will reappear in court today, when Ward is expected to apply for bail.