The dacoits were identified as Pauda, Bhule alias Gullan Singh, Jhinnu, Anek Singh and Nekram, the police said.
One rifle, four live cartridges, three sticks, and one iron rod were recovered from them, they said.
Acting on a tip-off, Dholpur police team raided their hideout in Kanchanpur area of ravines and foiled their plan to commit dacoity, they said.