The accused were identified as Vipin Kumar and Sudhir, who were arrested from Anand Vihar in east Delhi, yesterday.
A senior police official said that thirty-five high-end mobile phones have been recovered from their possession.
42-year-old Vipin Kumar told police that he would buy stolen mobile phones from petty criminals in Jama Masjid area. He then would contact Sudhir, 38, a shopkeeper in Uttrakhand, to sell such phones in Nepal and Uttarakhand.
"Before selling the mobile phones in Uttarakhand, they used to get IMEI (International Mobile Station Equipment Identity) number of the mobile phone changed with the help of their associate at Gaffar Market in central Delhi, so that these mobile phones may not be traced during surveillance," Joint Commissioner of Police Ravinder Yadav, said.
Vipin was a bad character of Shahadra police station area and eight criminal cases were registered against him, the police added.