Seven crore looted at gunpoint in Ludhiana

Chandigarh (IANS) | A whopping Rs 7 crore in cash was looted from the office of a private firm by at least 10 armed men in Punjab’s industrial city of Ludhiana on Saturday. Police Commissioner Mandeep Singh Sidhu told the media that the robbery took place in the office of the cash management firm ‘CMS Company’ located near Rajguru Nagar.

He said that usually 15 cash vans of the company are stationed there. Police have also recovered a cash van looted by the miscreants.

The police have started raids in search of the miscreants who destroyed the CCTV installed at the spot before the robbery was carried out.

–IANS