Police today arrested seven persons who were planning to rob a hawala trader in Sahibabad area here.
The trader was supposed to come from Delhi to handover Rs 50 lakh to some other businessman of Meerut.
The police were tipped off about the robbers on the basis of which, they conducted a raid at a forlorn plot near Koyal enclave and nabbed the criminals, Senior Superintendent of police Vaibhav Krishna said.
Police have seized five pistols of .32 and 315 bore and huge cache of cartridges and a stolen Qualis SUV from the gang.
Those arrested have been identified as: Guddu Yadav, Budh Pal, Manoj, Akhilesh, Sanjiv, Amit and Jayant.
"Upon interrogation, they confessed that they were waiting for a hawala businessman who usually goes to Meerut from Delhi with cash so that they could rob him," said Krishna.
The gang has also confessed to stealing an SUV vehicle earlier in the month.
"They have been sent to jail," the officer said.
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