At around 19:30, HM Coastguard tasked the team to Small Hope Beach on the Shanklin to Sandown revetment following reports of an object on the sand.
Coastguard Rescue Officers are now on scene and have carried out initial investigations of the mine-looking object, which is possibly a piece of concrete.
Photographs have been sent off to specialist explosive ordnance disposal experts in Portsmouth for their examination.
A decision is to be made as to whether or not a bomb disposal team need to be sent to the Island.
UPDATE @ 21:55 – The team have now been stood down from the incident as the object has been confirmed as being non-explosive.
If you or someone else is in difficulty on the coast or at sea, or if you spot what you think may be unexploded ordnance, then dial 999 and ask for the Coastguard. Further safety information can be found at https://coastguardsafety.campaign.gov.uk/.