Two persons have been arrested in connection with the theft of medical equipment and television sets, worth more than Rs 2 crore, from two godowns in Bhiwandi town of Maharashtra's Thane district, police said on Sunday.

The police have recovered stolen goods worth Rs. 1.51 crore from the accused, who were apprehended on Friday, deputy commissioner of police Zone II Bhiwandi Navnath Dhavle said.