TimbalandSuper producer Timbaland went missing Tuesday afternoon (August 24), and relatives frantically called authorities, fearing he was contemplating suicide after he went off the deep end when he found out someone had stolen his $2 million watch.

According to TMZ, the L.A. County Sherif’s Department issued a “possible suicide attempt” APB for Timbo (real name: Timothy Zachery Mosley), dispatching a helicopter and squad cars to find his Escalade.

Apparently, the producer had called his brother-in-law earlier in the day, who said he distraught over the theft of an expensive Jacob & Co. watch — valued at $2 million — from his Malibu, California home by someone he trusted.

From there, he left his home … and family members couldn’t find him, so they called police.

He was later found by police, pulled over, taken to his home, and later paramedics were called to his home to further evaluate him before determining he was not a threat to himself.

After the report circulated media this morning, Timbaland called into Ryan Seacrest’s 102.7 KIIS FM radio show in Los Angeles to address the situation, explaining that things were blown outta proportion.

“I don’t know what happened. To be honest with you, I don’t even know what people were talking about,” Timbo said on the air. “The only thing that I did was take a drive to figure out how to handle it.

“I tell people that if my mom ain’t calling or my brother or my best friend, then ain’t nothing to worry about,” he continued. “Why would I commit suicide? I could buy what was stolen. You know it’s close in your family when it’s things in your house.”

During the interview, he also said the stolen item was not a watch.

Timbaland is currently in the studio with Keri Hilson, helping her finish her sophomore album.