Hi Shital,
The CMUcam was interfaced to the Arduino via TTL-level RS232. This involved 3 wires for RX, TX and GND.
The Arduino I used was a StickDuino (http://spiffie.org/kits/stickduino/) - but you should be able to use any Arduino that has RS232 (which they all do I think).
Cheers,
Robert