"A search party immediately set out and quickly established that it was extremely unlikely for the lynx to still be on site and the local police and Radio Devon were informed at 10.20am.
"Our main concerns now are for the safety of the public and for the welfare of Flaviu.
"He is extremely timid and his instinct will be to stay away from people, so we are asking the public to be vigilant and inform the police on 999 if they see him."
Carpathian lynx, otherwise known as Eurasian lynx, are solitary and secretive animals which live naturally in forests in Europe and Siberia.
They mainly prey on hoofed mammals such as deer, as well as hares, rabbits, rodents and grouse.