Mohammad Hasan was arrested yesterday near Kavinagar Ramlila ground and a pistol of .32 bore along with three live cartridges were recovered from him, a senior official said.
His gang-members Aas Mohammad and Faraz were arrested on October 18 last year, while another, Chetan, was also nabbed the next day with the police recovering the ornaments and cash from their possession, said Superintendent of Police (City) Akash Tomar.
The gang had looted a business man's family in April last year on the GT road near Arthla Peer in Sahibabad police station area when they were returning to Nehru Nagar from a wedding function in Indirapuram.
The vehicle was waylaid and the entire family was taken on gun-point by the gang which snatched and fled with the ornaments and cash.
An estimated loss of Rs 54 lakh was mentioned in the FIR by the complaint, police said.
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