Cash worth Rs 17 lakh looted from L&T Finance Company staff

In a daring broad daylight heist, four miscreants looted cash worth Rs 17 lakh from three employees of a private finance company near Matia Sahi area of the town here on Monday

L&T loot

Angul: In a daring broad daylight heist, four miscreants looted cash worth Rs 17 lakh from three employees of a private finance company near Matia Sahi area of the town here on Monday.

Reports said three employees of L&T Finance Company Ltd—Rajendra Sahu, Amaresh Panda and Manoranjan Sahu—were on the way in two bikes to Matia Sahi to disburse loan amounting to Rs 20 lakh after withdrawing the cash from the ICICI Bank, at about 12 AM when four miscreants came in two Bajaj Pulsar bikes and asked them to handover the cash bag to them at gunpoint. Later, they took two away two cash bags and fled the area.