Bodies of two engineering students from a college in Lonavla, were found in the forest near the picturesque hill station on April 3.
"We have arrested one criminal on record in this case and the motive behind the killings was robbery," said a senior official from district police.
The arrested accused is a petty criminal involved in various theft and robbery cases, he said refusing to elaborate further.
The victims were found to have been hit on the back of their heads with a blunt object and their hands tied at the back.
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Pune district police had formed multiple probe teams earlier, but could not crack the case. An award of Rs 50,000 was also announced for any information on the murder after they failed to make any headway in the case.
The parents of the deceased had threatened to launch an agitation and had sought to meet Chief Minister Devendra Fadanvis for speedy investigation in the case.
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