  In this paper we investigate possible consistent ghost-free models containing
massive spin 2 particles in three dimensions. We work in a constructive
approach based on the frame-like gauge invariant description for such massive
spin 2 particles. We provide the most general form of linear approximations,
i.e. cubic vertices in the Lagrangian and linear in fields corrections to gauge
transformations. As for the possibility to go beyond the linear approximation,
we show that there exists at least one solution that admits non-singular
massless limit and that corresponds to a so called "New massive gravity".
