(MENAFN- Kashmir Observer) Bengaluru ~ Unidentified men allegedly posing as income tax officials intercepted an ATM cash van here and fled with about Rs 7 crore on Wednesday, in what is said to be the first of its kind daylight robbery in recent times, police said.

The incident occurred near Ashoka Pillar when the vehicle was transporting cash from a bank branch in JP Nagar.

Preliminary investigation revealed that a group of men arrived in a car carrying a Government of India sticker and stopped the cash vehicle, claiming that they wanted to verify documents.

ADVERTISEMENT

The suspects then forced the van's staff into their car along with cash. They allegedly drove towards Dairy Circle, where they dropped the staff and sped away with the cash, which is estimated to be about Rs seven crores, they said.

Over 50 CCTV camera footages are being examined to trace the route taken by the vehicle and identify those involved.

State Home Minister G Parameshwara assured that the culprits will be nabbed at the earliest.

Speaking to media, Bengaluru City Police Commissioner Seemanth Kumar Singh said the incident occurred this afternoon under the Siddapura police station limits. About Rs seven crore has been lost, but it is being verified, as the driver (of the cash van) has not shared the correct information.

“There is nakabandi in the entire city; we are making our efforts. We have formed various teams, our teams have spread out across the city. Our teams are physically on the ground, as well as in the control room under various technical wings. We will try to detect the case at the earliest. Two DCPs and a Joint Commissioner are working on the case.”

MENAFN19112025000215011059ID1110369637