Police believe they’ve caught the serial tyre slasher who’s been wreaking havoc around Newcastle’s  inner suburbs in recent months.

Police have received 138 reports of tyres being slashed around the Mayfield and Tighes Hill areas since May this year.

Officers executed a search warrant at a Mayfield home yesterday, arresting a 44-year-old woman.

Says she’s been charged with 8 counts of malicious damage and 3 counts of drug possession and refused bail to face Newcastle Local Court today.

A motive for the alleged attacks has not been revealed.

Police released this CCTV Image recently of a women they believed could assist with inquiries