New Delhi, March 23 -- A 48-year-old businessman has been arrested for allegedly masterminding a "fake" police raid in a bid to "cheat" two businessman brothers in west Delhi's Rajouri Garden, police said on Sunday. The accused, who owed the two brothers money for some jewellery, allegedly had them kidnapped and robbed at gunpoint by two men impersonating police officials.

The incident took place on Thursday night with the impersonators driving around for six hours across Delhi and Haryana, physically assaulted the two brothers, and robbing them of Rs.40 lakh in cash, as well as jewellery and other valuables worth around Rs.12 lakh, the police said, adding the estimate did not include cost of car. They have yet to be arrested.

The incid...