Three persons, including a scrap dealer from Gujarat, were arrested for allegedly looting brass sheets worth Rs 14.04 lakh from a company in the district, police said today.
A group of around 7-8 persons entered the premises of Fedel Products Company at Murbad in the district on March 5. They assaulted company's watchman and looted brass plates worth Rs 14.04 lakh from there, Senior Police Inspector Abhay Kurundkar of Local Crime Branch (LCB) of Thane Police, said.
At that time, a case under relevant sections of IPC was registered at Murbad police station. Later, the case was transferred to LCB, he said in a statement issued here.
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Acting on a tip off, LCB officials laid a trap at Shil Phata in the district on April 15 and apprehended two accused - Ahmad Hussain Mohammad Sattar Sawant alias Langada and Dileep Kumar Bindesar Das, the officer said.
During investigation, it was revealed that the duo took assistance from five or six others to commit the crime, Kurundkar said.
It was also revealed that the duo sold the sheets to a scrap dealer - Chetan Jayantilal Dave in Gujarat. After this, a police team went to Surat and arrested Dave on April 21, he said, adding investigations are underway.