A cricket betting racket was busted and two persons were arrested from the central part of the city's Jorashanko area, police said.
Acting on a tip-off, a team of the Kolkata Police conducted a raid at a building in Rabindra Sarani under Jorashanko police station limits and arrested two persons for allegedly being part of the racket late Saturday evening, they said.
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Two mobile phones, one television set and over Rs 1.2 lakh were recovered from the duo's possession, a senior police officer said.
"In pursuant to the statement of the accused persons, we have started a search for the other gang members," he said.
"A case u/s 120B/420 IPC & 3, 4, West Bengal Prize Competition & Gambling Act was being registered in Jorasanko Police Station," the officer said.