Two private security guards, including a woman, have been arrested over the allegations of conning a man in south Mumbai of over Rs 32 lakhs by posing as Sales Tax officers, the police said.

The complainant, a 28-year-old man who works for an Angadia in Kalbadevi told Mumbai Police officials that while he was on his way to deliver Rs 32 lakh to a businessman, he was approached by two people, a woman and a man on a bike.