Effect is similar to 'bike for five' but only 3 cards.
I cant remember the details, the story is similar, except for the last card.
it's held in the left hand above the table. The right hand flicks the card hard, it drops to the table and changes into the empty bike.

It was on TV a bit back.
(Note from Mods: This was moved here from Magician Talk - because it wasn't talk about a magician!)