Six armed men looted Rs 1.18 crore from a private bank's cash van near Jalandhar city in Punjab on Friday, police said.
The unidentified men came on three motorycycles and forced the HDFC Bank cash van to stop near Manak Rai village, about 25 km from Jalandhar.
The vehicle was being operated by a private security agency and there were two bank employees and two security guards in it.
The van was carrying Rs 2.16 crore in cash to be distributed to various ATMs in rural areas.
Police said no resistance was offered by the security guards. "We are investigating the matter from various angles," a police officer said.
--IANS
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