Three persons were arrested for the daring broad-day light heist in which around Rs 8 crore had been looted in Lajpat Nagar area here on Tuesday.

The arrested have been identified as Tinku, Praveen and Bhola. The trio was arrested by the special cell of Delhi Police. "Three persons have been arrested while further raids are being conducted to nab their five accomplices. Recovery is being made from different parts of the National Capital," a senior police officer said today.