According to the police, the suspects were arrested last night following a complaint that two soldiers had demanded ransom from a cannabis dealer and a drug trafficker residing in the Maikkulama area in Chilaw.
The two had tried to obtain Rs. 15,000 from the complainant.
Another soldier was also arrested for attempting to extort Rs. 80,000 from a drug dealer residing in the Seeduwa area.
Army Commander General Shavendra Silva has stated that action will be taken to terminate the three soldiers.