Nanjundaiah, 34, a resident of Laggere, was arrested by Chikkajala police on the charge of theft and recovered stolen ornaments worth Rs 16 lakh from him.
According to police, the suspect would identify “gullible” passengers at bus stands and rob them of their valuables. He recently robbed a bag of ornaments from a mother-daughter duo, while they were unfocused.
He then trade in the ornaments at several jewellery shops across the City and borrowed money, police said.
About 550 gm of ornaments which he had stolen was reovered by the police.