The accused, identified as Satish Yadav and Navin Yadav from Gurgaon district, were arrested for looting rice merchant Raman Gupta at gunpoint in the Katla Bazar harea ere on November 28, they said.
Two pistols, 7 cartridges, two mobile phones and a motorcycle was also recovered from their possession.
The two were today produced in a local court which remanded them to a three-day police custody, they said, adding that one of their accomplice, identified as Satpal Yadav, is still at large.