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On October 18, the court had convicted four accused under the Maharashtra Control of Organised Crime Act (MCOCA) provisions and one for receiving stolen property.
The Kottakkal Police arrested the two for a robbery on October 16.
In three weeks, two houses in the region have been robbed by masked gangs.
Bijoy had evaded arrest even as seven other accused in the case were behind the bars.
The Malayali journalist was shot dead on Sept 30, 2008, while she was returning home from work in her car around 3.30 am. Police had claimed that the motive behind her killing was robbery.
The accused, Sijo Jose was arrested from a hidebout at Angamaly by a Thrissur Police team.
She has accused the Kerala Bank or Kerala State Co-operative Bank Limited's Medical College Evening Branch at Peringandoor of conniving with private financier Satheesh Kumar to rob her in a scam.
Satheesh Kumar P, arrested in the Karuvannur bank scam, allegedly ran a bigger robbery business under the garb of loan takeover.
He was arrested during the probe into three recent robberies in Kannur.
The accused were taken into custody at the Mangalore Railway Station.