Absolutely.

Right-click the game's executable file (usually VC2.EXE or VCOP2.EXE ) and select Go to the "Compatibility" tab. Check the boxes for:

Downloading the Virtua Cop 2 arcade ROM and running it via MAME provides the exact arcade graphics, audio, and pacing.

Since the game is considered "abandonware," you can find it on several dedicated preservation sites: My Abandonware