Ahmedabad Crime Branch on Thursday busted an interstate criminal racket involved in the theft of more than 500 luxury cars from the Delhi NCR (National Capital Region) and neighbouring areas after altering the cars' electronic security systems and arrested two key members of the gang, said police on Friday.

Police have recovered 10 of the stolen vehicles which include cars like Fortuner, Innova, Scorpio and Creta from their possession and 1.32 crore in cash, added police. According to the police, the arrested accused have been identified as Ashraf Sultan, commonly known as Gaji, hailing from Meerut in the state of Uttar Pradesh, and Irfan, alias Pintu, a resident of Jharkhand's Ranchi.