Cuttack: In an incident of day-light robbery, at least four miscreants allegedly looted cash & gold ornaments from IIFL Bank situated at Nayasadaka in Cuttack city.
The incident occurred on Thursday morning when the bank was opening for daily operations.
The accused gained entry into the office of the private finance company after taking the lone security guard and other officials at gunpoint in the busy market place.
On being informed police reached the spot and initiated a probe into the matter. Meanwhile, the exact amount of cash & ornaments was not ascertained immediately.
It is suspected that the crime was precisely planned. Notably, initial reports suggest the miscreants fled with crores of rupees after breaking open the lockers
The incident has come as a major challenge to the Commissionerate of Police which continuing its fight against chain snatchers and miscreants looting commuters day in and out.