Rayagada: Unidentified miscreants decamped with Rs 2 lakh from a panchayat executive officer (PEO) at Derasahi in Gunupur area here on Monday.
The incident came to light after the victim, identified as Balaram Mahapatra, alerted the matter to the police.
According to sources, Balaram, a PEO at Puttasingha, had withdrawn Rs 2 lakh from State Bank of India today. After reaching home, Balaram was taking out the bag containing Rs 2 lakh cash from his bike dicky when some masked miscreants reached the spot and snatched away the cash bag from him.
Based on the complaint, Rayagada police sub-inspector Raj Kishore Behera launched a probe into the incident.