Police received reports of a man, who was not wearing a life jacket, and boy stranded near an overturned dinghy about 6.10pm on Wednesday and a search involving Northland Rescue Helicopter, two Coastguard vessels, and a Defence Force Orion, which was in the area, started soon after.
It was called off about 12.40pm after clearing the whole of Oakura Bay, 3 miles out past Henry Island, inland Whangaruru Harbour and further south of Oakura Bay.
Yesterdaypolice talked to locals in the area, and a private boat owner who had been on the water told police they had not seen anyone or any debris.
"No body has reported anyone missing ... As far as our search goes we've probably suspended it for good at the moment as no further information has come through.
"We are confident there is no body in the water in the greater Oakura area where the dinghy and persons was initially seen."