The 4 officers allegedly intercepted a truck loaded with arecanuts in Mundra town on April 13 and extorted Rs 3.75 crore from Mumbai-based businessman.
This comes two weeks after Pandit filed a complaint alleging that four policemen, his businessman friend and a private person extorted Rs 3.75 crore from him to prevent his godown in Mundra town from being sealed.
The Gujarat Anti-Terrorist Squad has arrested five persons for allegedly hatching a conspiracy to extort Rs 8 crore from a retired IPS officer by preparing and circulating a false affidavit to claim he had raped a woman, an official said.