India, July 12 -- Two advertising agency employees and an associate were arrested on Thursday for allegedly staging a robbery, claiming that three unidentified bikers stole Rs.37.5 lakh belonging to the company owner on the Outer Ring Road near the Burari flyover in north Delhi, police said on Saturday.

Police identified the two employees as Abhishek Singh and Yogesh Kumar, both 26. They hatched the conspiracy and included their 29-year-old associate, a former cafe owner who shut down his business six months ago due to losses, police said. They added that Vipin was among the three bikers, and Rs.36.92 lakh of the looted money were recovered from his house.

Additional deputy commissioner of police (north) Niharika Bhatt said the Waziraba...