Two motorcycle-borne persons snatched a cash bag containing Rs. 6 lakh from a person as he came out of a bank at Ramnagar on Friday.
E. Kameswara Rao, an employee of a shipping company, who had applied for a housing loan from HDFC Bank was sanctioned Rs. 14 lakh.
On Friday, he withdrew Rs. 6 lakh. As he came out of the bank, two youths wearing helmet came on a motorcycle, snatched the cash bag, and sped away.
ADCP (Crime) S. Varada Raju told The Hindu that it could be the handiwork of an inter-state gang.
CC footage
The miscreants would have observed the movement of the victim before committing the crime. It is learnt that the police are examining the CC camera footage for clues.