Police have arrested two men who allegedly posed as cops and fled with Rs 10.5 lakh cash of a businessman, and also apprehended a GRP woman assistant sub-inspector for her role in the crime, officials said on Thursday, reported news agency PTI.

The incident occurred on Monday at the Bandra Terminus, they said.

The Bandra railway police station's senior inspector was also suspended after the involvement of the woman ASI posted there came to light in the offence, an official said, reported PTI.