Police in Mulund on Thursday arrested a 40-year-old caretaker for allegedly breaking into the house of a couple where he was working and decamping with valuables worth rupees 1.38 crore.

The victim family, a senior citizen couple, had gone to their village when the accused entered the house and stole all the valuables. Police said the society watchman helped the caretaker in breaking into the house and switched off the CCTV cameras of the society.