The arrested are Mohammed Shakeel Malik and Noushad Ali, both from Delhi, police said.
The two were caught by local people at Chettikkulam in Kozhikode district yesterday and later handed over to police.
The gang members used to come to Kerala by flight and return to Delhi by train with stolen goods, police said.
They had kept two Delhi-registered motorcycles parked at Kozhikode railway station and used them for snatching chains in and around Kozhikode, police added.
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