Bhagaban Pradhan and Debisankar Parmanik, branch manager and regional manager respectively of MGL Infra Private Ltd, were arrested on the basis of a complaint by a resident of Nuapadhi village in Remuna area, the police said.
A case under various sections of the IPC, and Prize, Chit and Money circulation (banning) Scheme Act 1978 have been registered and a luxury car valued about Rs 20 lakh seized.
Subash Mallik, CMD of the company, was arrested earlier in September.