Gold ornaments, 30 stolen credit cards, 17 cheque books and a bill book were seized from the duo, said Vivek Shendye, police inspector.
Police swung into action when a businessman from Amboli complained that his credit card was stolen and used by thieves.
Police checked CCTV footage and found Irfan Khan in the act.
Sanjay Yadav used to help him in disposing off gold ornaments bought on stolen credit cards, for which he used a bill book, said Shndye.
Irfan Khan has so far acted in two Bhojpuri films, and two other films were on the floors.