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Jain was found dead in her home on a Wolseley estate. The police believe the suspects responsible for her murder robbed her elderly neighbours on the same night.
Renee Jain's body was found at her home following a robbery.
The police's Andre Traut believes the shooting is gang-related.
Wednesday night's operation also resulted in the arrest of a man and a woman on drug-related charges.
Lameez Johnson was gunned down in front of her home on Sunday morning.