Two students were arrested after driving recklessly inside the Islamic University campus in the city of the Medina.
The covert traffic police identified their cars and caught them for flouting the ban on stunt driving reports Almarsd.
The police are now tracking down the other students who took part in the stunt.
Under Saudi law, anyone convicted of stunt driving for the first time has his car confiscated for 15 days and may have to pay a fine of SR20,000 ($5,333). Violators may also be jailed if a special court decides to impose harsher punishment.
Penalties and fines may also be doubled for repeat offenders.