G Ashok alias Ashok Kumar was arrested from his hideout at Vadapalani here, police said.
He was allegedly involved in several cases of stealing valuables in Mumbai, Bangalore and Chennai besides several other towns across the three states.
His modus operandi was to divert the attention of those with cash or jewellery by using simple tricks. On August 26 this year, he stole 120 sovereigns of jewellery here from one M Murugesan when the latter was heading home in his car after taking out jewels from a bank locker.
Probe is continuing and efforts are on to apprehend Ashok's other accomplices, police added.