Police slammed the revellers in Gorebridge, Midlothian, for their 'blatant disregard' of Covid restrictions.
Two 11-year-old girls were left frightened but not physically harmed by incident on Wednesday evening.
The distinctive triangular child’s purse, containing eight coins and a Girl Guides badge, was found by a metal detecting enthusiast.
When officers arrived at the crash site in Midlothian, no one was in the car.
The woman and her family were using a zebra crossing when she noticed the vehicle driving at speed towards them.
Ewan Thomson, 40, has been found by police after being reported missing.
The victim was grabbed and then threatened with a weapon during the robbery in Midlothian on Tuesday.
Nicola Sturgeon met a campaigner, known only as Miss M, at the Scottish Parliament on Wednesday.