The operation targeted alleged art thieves attempting to sell the painting "Woman Dressing Her Hair" which was stolen from a collector in New York, Anatolia said.
Turkish police, posing as potential buyers, met the prospective sellers at a hotel and then at a yacht in an Istanbul marina, the report revealed.
The suspects are alleged to have initially demanded 8 million dollars for the painting but later settled on 7 million.
The officers then arranged a meeting Friday at a cafe, where they arrested two people, Anatolia said, citing police sources.
The painting was sent to Istanbul's Mimar Sinan Fine Arts University for examination, Anatolia said.
