Q: Ipod touch

That is a good think to do. Just what is your question?

It may never connect to the interent so it may not be erased.

Does icloud>FndMyiPhone show the iPod or does it say off-line?

lost/stolen                                     

No app on the iOS device is required.                           

- If you previously turned on FIndMyiPod/iPhone/iPad on the iOS device in Settings>iCloud and wifi is on and connected or cellular data is on and connected for, on a computer browser go to iCloud: Find My iPhone, sign in and go to FIndMyiPhone. If the iPod has been restored it will never show up or continue to show off-line.

- You can also wipe/erase the iOS device and have the device play a sound via iCloud.

If your iPhone, iPad, or iPod touch is lost or stolen

iCloud: Erase your device

iCloud: Use Lost Mode

- If not shown, then you will have to use the old fashioned way, like if you lost a wallet or purse.

- Change the passwords for all accounts used on the device and report to police and carrier if iPhone or cellular iPad

- There is no way to prevent someone from restoring the erase (it erases it) using it unless you had iOS 7 or later on the device. With iOS 7 or later, one has to enter the Apple ID and password to restore the device.

- Apple will do nothing without a court order                                               

Reporting a lost or stolen Apple product                                              

- iOS: How to find the serial number, IMEI, MEID, CDN, and ICCID number

Did you read through the reference article... (?)

• What to do before selling or giving away your iPhone, iPad, or iPod touch - Apple Support

Some bits there will apply, so someone who has access to your device won't also access

your Accounts through use of it. Also see this article... Helps if Find my device was enabled.

• If your iPhone, iPad, or iPod touch is lost or stolen - Apple Support

Your best protection is to change passwords to any accounts your device may allow someone

to access, and thereby minimize damages to you in the sense of fiscal and other cloud access.

And I see a reply arrived just ahead of mine, with other great points; some from the links above.

Good luck in this matter!