Lucknow, Nov. 7 -- A man who reported that Rs.1.5 crore had been looted from him in Lucknow has been arrested along with four others, police said on Friday, describing the robbery as a planned conspiracy. The five men were arrested in Lucknow and Gujarat, and Rs.1.23 crore of the reported amount was recovered.

The complainant, Pragyanesh Kumar, had told police that two motorcycle-borne men robbed him near the Aurangabad underpass in the Ashiyana area on October 24. He had travelled from Mehsana, Gujarat, in a Creta carrying his employer's money to deliver it to someone, according to the police press note. An FIR was registered at Ashiyana police station on October 25.

Police said their investigation, which included examining CCTV footag...