Election officials under the Kalghatgi constituency seized 7.72 kg of gold ornaments, said to be worth Rs 2.55 crore near Kadabagatti checkpost at Alnavar on Monday.
Officials said the ornaments were being transported with no documents and consequently, a case of illegal transportation of gold ornaments case had been enlisted.
The gold was being transported from Goa towards Hubballi, when the officials stopped the car and confiscated the gold at around 12.30 pm.
The main election officer of the district Deputy Commissioner S B Bommanahlli, said the seizure was a suspect of gold ornaments being transported illegally with an aim of distributing it to the voters.
Prateek Narvekar of Goa and Vikramsingh Devisingh Rathod of Rajasthan, who were transporting the gold, have been arrested. A case has been enrolled at the Alnavar police station.
In another case, election officials seized Rs 30 lakh in cash which was being transported without documents, close Gudageri Cross at Saunshi town in Dharwad.
The money was being transported from Laxmeshwar to Kundgol and the vehicle was captured close to a checkpost.
The election officials also seized 100 LED TVs which were being transported with no documents close to a checkpost in Aurad taluk of Bidar region.