The incident took place in the afternoon yesterday at Ghatkopar, after 58-year-old Sandhya Rameshchandra Seth withdrew Rs 50,000 from her bank and was on her way home.

Five persons, who were keeping a watch on her, approached her and snatched her bag near station road on LBS Marg. Her shrieks alerted two police constables -- Anil Sakpal and Anand Nagre -- in the vicinity, and on hearing the screams, they began following the accused.

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After giving chase for a distance, they managed to apprehend three from the gang, while the other two managed to flee from the spot along with the bag.

The arrested trio have been identified as Amin Ahmed Mohd Shaikh (43), Mohd Shamim Mohd Sharif Shaikh (38) and Vijay Kumar Phoolchand Gupta (29) -- all residents of Shivaji Nagar in Govandi.

The police have been able to fish out information about the two absconding accused and have dispatched a team to trace and nab them from their residences.

Chain snatching foiled
In the second incident that occurred in south Mumbai, a police constable from V P Marg police station chased down two chain snatchers, and managed to nab one of them.

Nabbed: Constable Umesh Karande arrested Atif Khan and Sadik Shaikh

Constable Umesh Karande had chased the accused, identified as Sadik Shaikh (28), and caught him, while his accomplice Atif Khan (28), had managed to flee from the spot. Following the arrest, Karande handed Shaikh over to the L T Marg police, as the incident had occurred in their jurisdiction.

Umesh Karande

Khan, who fled from the spot with the loot, was later arrested by the Nagpada police, after which the case was transferred to L T Marg police station. The cops have successfully recovered the stolen chain worth Rs 1 lakh from the duo. u00a0