The accused were arrested last night from Wagle Estate area of Lokmanya Nagar here where they had come to loot a jewellery shop, Senior Inspector of Crime Unit V, Kishore Pasalkar, said.
The accused have been identified as Narsingh Raju Kamenalappa (38)from Bangalore, Naveen Chandrabhan Singh (21), Chandrakant Kimayya Pujari (34), Vijay Suresh Bhosle (35) and Vishal Vijay Fondke (25), all four from Thane, he added.
According to police, the gang had stolen 48.50 kg of silver items, 353 gms of gold ornaments collectively worth Rs 26.19 lakh, including Rs 70,000 cash, from Karnataka.
During the interrogation, police came to know that Narsingh, Naveen and Chandrakant were wanted in several cases of thefts from temples across Karnataka.
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Police from Dakshina Kannada district in Karnataka had been on the lookout for the trio since the past several months. After being informed that they have been nabbed in Thane, a police team from Karnataka came to the city.
According to the investigators, Narsingh is the kingpin of the gang and had around 17 cases registered against him even before 13 cases of temple thefts were filed against him.
"Naveen Singh, who is originally from Delhi, was specially asked to join the gang and then brought to Thane from Karnataka after the theft," Pasalkar said.