A Victorian fisherman on the search for squid has landed a haul of two flamingos, one unicorn, a dinosaur and four grateful schoolies.

The school leavers were aboard four large inflatable creatures and drifting "helplessly" into a strong current in shark-infested waters off Phillip Island when fisherman Alex King spotted them and came to their rescue.

***Fishin mission to the rescue*** Whilst squid fishing off cowes we observed 2 pink flamingos a dinosaur and a unicorn...

Posted by Alex King's Fishin Mission on Monday, 28 November 2016

"Be safe on the water. No matter the vessel you are in," he posted to Facebook on Tuesday afternoon.