(South Miami CBS4) The truth may be out there, but South Florida police agencies say they’re not going to spend any more resources looking for it.

As of Monday morning, Miami-Dade police said they had classified the case of the flying object believed to be on fire as unfounded.

“They found nothing that could conclude anything was wrong or there was anything criminal in nature,” Miami-Dade Police Det. Robert Williams told CBS4.com.

On Sunday, reports from witnesses of a fiery flying object caused officials to conduct a massive search. Police and fire fighters scoured the area by car, boat and by helicopter.

Eleven-year-old Luis Mercado and his mom said they saw the object as they were driving home from dinner.

“We saw like a giant red-like, a huge intense red ball which flew right across the side,” Mercado said. “We though it was a hot air balloon or we thought it was a plane like crashing. We didn’t know what it was at all.”

Full report at CBS4.com here.