According to the Tennessee Bureau of Investigation, they believe they have found the purse belonging to Holly Bobo in Decatur County, Tenn.
In a media release TBI spokeswoman Kristen Helm said neighborhood dogs in the area of Box Road in the town of Darden found what appeared to be Bobo's purse.
CLICK: Search for Holly Bobo archive
The TBI coordinated a search with their canine unit to find where the neighborhood dogs found the purse. The search wrapped up around 5 p.m. Officers blocked search roads, established a command center and combed nearby fields for several hours.
The area where the dog found the purse is around one or two miles from Bobo's home.
A news conference with the TBI was expected late Thursday afternoon but it did not take place. The TBI remain tight-lipped on this case.
While many volunteers took part in previous searches, we still don't know whether investigators combed this area that's now under scrutiny.
The missing woman's mother, Karen Bobo, issued a statement saying she was grateful TBI had resumed the search. She also said she has "begged" TBI to show her the purse but she hasn't seen it.
Authorities and volunteers conducted extensive searches for Bobo but found little besides her lunchbox.
Karen Bobo said she believes her daughter is alive.
Bobo was abducted from outside her Decatur County home on April 13, 2011. She was 20 at the time of her abduction. Bobo was last seen by her brother, who reported seeing her taken into the woods by an unidentified man in camouflage.
Many in the community hope this weather-worn purse holds the key to closing this case.
"Yes we're hopeful that something will be answered," said Barbara Hall of Parsons, Tenn. "I hope there's closure for the family. I really feel sad for them."
"Everybody wants to see Holly come home," added Roy Hall, also of Parsons.
Persons with information on Holly's whereabouts or any details surrounding the case including the identity of the perpetrator(s) of this crime are urged to call the Tennessee Bureau of Investigation at 1-800-824-3463 (1-800-TBI-FIND).
Darden is about 45 miles east of Jackson.
FOX13 News reporter Bofta Yimam contributed to this report.