Paul George -- BURGLARS CAUGHT ON TAPE ... Cops On the Hunt

The men who allegedly broke into Paul George's home and stole more than $15k in jewelry and other items were CAUGHT ON TAPE ... and now cops are on the hunt to bring them to justice.

The two suspects are accused of breaking into the Indiana Pacers star's Indianapolis home on April 28th (during the Pacers playoff game) ... and taking his $15k NBA All-Star ring, 15 Flux watches, a pair of Air Jordan 4 Toro shoes and some cash.

Cops say the suspects appear to be two black males in their late 20s to 30s ... wearing caps, jackets and backpacks.

... whatcha gonna do when they come for you.