Both teens, 16, are students at the high school.
Platte City police say they recovered several stolen items from their homes and in a wooded field in Platte City.
School leaders say protecting their students is their number one goal.
"I don't think anybody would look at this favorably," said Platte County R-III Superintendent Michael Reik. "What I will say is our students are very agile and are positive thinkers in general and what I found is our students overcome things like this."
The juveniles are being held pending the filing of criminal charges in the Platte County Juvenile Court.