Detectives observed the allegedly stolen car and tried to intercept it on Seventh Street about 12:00pm on Friday 12 January.
The driver attempted to evade police however officers swiftly moved in and arrested the three occupants.
After searching the vehicle, detectives located and seized drugs, ammunition and weapons.
A 22-year-old Grovedale man, 30-year-old Queenscliff man and 32-year-old Mildura man, were charged with trafficking a commercial quantity of methamphetamine, possess drug of dependence, negligently dealing with the proceeds of crime, theft of motor vehicle, handle stolen goods, prohibited person possess imitation firearm and weapon offences.
The Mildura man has also been charged with dangerous driving whilst pursued by police and bail offences.