In a separate incident, the police also arrested three other members of a gang involved in dacoity near Bidanasi.
City DCP Sanjib Arora told reporters that Bhajani, was the mastermind in kidnapping two contractors of the city in August last year and firing at them.
Police had earlier arrested nine persons in this connection but Bhajani, who was wanted in 12 other cases, was on the run and was arrested on Monday from his hideout.
During a raid, four were arrested, but the trio gave the police a slip. Based on interrogation inputs of the arrested four, the police apprehended the other three dacoits.