i bought a stolen car, what to do now?

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the ad was on craiglist, the guy came and seen me, i bought it cash, he signed the title, and gave it to me, i drove him home, and i had his phone number, by the time i applied for the title, they told methe car is stolen, now they want me to contact the police, i called the guy who sold me the car, and the women that picked up said she bought the phone from some one and now i cant get a hold of that guy, what should i do? please advice
 
call the cops--they will prob. take the car and you will be out the money,but keeping the car after you knew iy was stolen,could put you in jail,call the cops quickly
 
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