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The accused, identified as Ashok Dattatray Kasole, was nabbed by crime branch sleuths late Saturday night when he came to deliver the firearms in Govindwadi area of suburban Andheri, he said.
The crime branch had got a tip-off that the accused was likely to arrive here with a consignment of weapons, the official said.
During a search of his belongings, three auto-lock pistols, a revolver and 10 live cartridges were recovered, he said.
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Following his arrest on Saturday, the MIDC police here registered a case against him under relevant provisions, he added.