Timbaland -- 'Possible Suicide' Call to Cops - UPDATE

Timbaland was the subject of a manhunt yesterday after his family believed he was so distraught over the theft of a $2 million piece of jewelry he might harm himself ... this according to law enforcement sources.

According to sources, the L.A. County Sheriff's Department put out a "possible suicide attempt" APB just before 5 PM PT yesterday.  A helicopter and squad cars went on the hunt for the rapper/producer's Escalade.

Here's what we're told happened ... Timbaland was on the phone earlier in the day with his brother-in-law ... deeply upset about something.  We're told one of the things that was eating at him was a theft at his Malibu residence a day before.  Someone had stolen a crazy expensive Jacob & Co. watch -- valued at $2 million -- and Timbaland suspected it might have been someone he trusted.

Timbaland left his home yesterday and began driving.  Family members couldn't locate him, became extremely worried and called the Sheriff's Department.

We're told the helicopter located the Escalade, ground crews pulled Timbaland over and began talking to him.  At some point they put Timbaland in a patrol car and took him to his residence, where they continued speaking with him and family members.

Deputies called for paramedics to come and evaluate Timbaland.  After the evaluation, paramedics determined Timbaland was not a threat to himself and left. 

We're told the Sheriff's Department is investigating the theft of Timbaland's jewelry and they have possible suspects.

Timbaland's rep could not be reached for comment.



Update! (thanks to lafrijole )

EXCLUSIVE: Timbaland Calls Ryan to Clear Up Report of 'Possible Suicide Attempt'

On waking up this morning to the news: "I dont know what happened to be honest with you. I don't even know what people are talking about."

On the reported theft of one of his watches by a close friend: "[The theft] did happen, [but] it wasn't a watch, it was something else."

On the police report's "possible suicide attempt": "The only thing that I did was take a drive to figure out how I was going to handle [the theft]."

On why people thought he may have been suicidal: "I wasn't talking, so I guess people got worried." "I tell people if my mom ain't calling, or my brother or my best friend, then ain't nothing to worry about."

Audio interview at source.