India, Oct. 11 -- Four men have been arrested on Thursday for allegedly robbing a property dealer of Rs.1.04 crore at gunpoint after taking him hostage at his house in Faridabad's Fatehpur Taga village on September 26, police said on Saturday.

Police identified the arrested suspects as Sahun Khan, 38, a resident of Fatehpur Taga, and Haider Ali alias Imamuddin, 28, Mohammad Arif, 32, and Moseeb Alam, 30, all residents of Uttar Pradesh's Amroha district.

Police said at least four suspects were yet to be arrested and the entire amount was yet to be recovered. Sahun was arrested from Faridabad, while the other three were arrested from Moradabad.

Assistant commissioner of police (crime) Varun Kumar Dahiya said Sahun knew that the victim, A...