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Both the accused — Rajiv Kumar (28) and Umesh (22) — are residents of Uttar Pradesh, they said.
The police received information on April 13 about the robbery.
The complainant Tawar Raj Singh, a jawan in the Indian Army, said he was on his way to Dappar in Punjab from his village Goondi in Rajasthan by bus.
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While waiting for a bus to Kashmeri Gate, an auto stopped in front of him. Two passengers were already sitting in the back seat, police said.
The driver said he would drop him at Kashmiri Gate following which the complainant sat in the auto, they said.
The driver took the auto to an isolated space, beat up Singh, took his bag containing 10 live cartridges of 7.6 mm pistol, uniform and his ID card and fled the spot, a senior police officer said.
“The police analyzed the CCTV footage of the area and identified the number of the auto. A raid was conducted at Yakubpur village in Noida and Rajiv was apprehended. On his disclosure, Umesh was also arrested,” Deputy Commissioner of Police (southeast) R P Meena said.
Nine live cartridges were recovered from their possession, police added.