"500 gm of gold ornaments have been recovered from her possession and investigation is on to recover 2.5 kgs of gold from her accomplices," said police.
The 40-year-old lady is a resident of Kancharapalem in Vizag city. She was earlier arrested in 2013, said police.
She is allegedly involved in property offences, immoral trafficking of women and peddaling of narcotics, said police.
City Police Commissioner F T Yoganand said the accused woman is a school dropout and is active in Vizag, Vizianagaram, East Godavari and West Godavari districts.
"The lady has confessed that she took to crime for easy money to meet her luxurious lifestyle. We are investigating the case to nab few others and to recover some more gold ornaments from her gang," the official added.
Her children are pursuing engineering in reputed colleges in the city.
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