Udaybhan Singh, Om Prakash Singh, Rajesh Saroj, Dhiraj Singh, Bipin Singh and Savitri Thakur were arrested from the city and neighbouring Thane district, Joint Police Commissioner (Crime) Sadanand Date said.
"Eighty per cent of the valuables were recovered from the accused. The accused were produced before a court which remanded them in police custody till June 5," Date told reporters.
According to police, complainant Ramesh Kumar Gupta, security supervisor at S R Securities, and three others had on May 9 arrived at Borivali railway station by train from Surat, carrying the consignment of diamonds belonging to Malka Amit J K Logistics.
S R Security had been hired to transport its goods, and this particular consignment was to be delivered to the firm's branch at the Bandra-Kurla Complex.
The police said Gupta's colleague and accused Udaybhan Singh, a driver with the security picked him up and others in a vehicle from Borivali railway station, drove them up to the National Park and stopped there saying that tyres were damaged.
Date further added, "Uday Singh then drove them to Virar in neighbouring Thane district where he and his associates abandoned the vehicle and fled with the consignment."
"During the probe, it was found that Uday Singh already had criminal cases registered against him in the past. Acting on information, all the six were arrested from different places for their roles in the robbery case," Date said, without elaborating the role of each of the accused in the crime.
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