Rs 7 crore looted from cash management firm in Ludhiana

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\n Tribune News Service \n

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Ludhiana, June 10

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Around Rs 7 crore was looted from the office of a private firm near Rajguru Nagar here in the early hours of Saturday.

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Police have started an investigation and sounded an alert to trace the accused.

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According to Police Commissioner Mandeep Singh Sidhu, the office of CMS Company, a cash management firm, located near Rajguru Nagar, was looted by some men who decamped with Rs 7 crore, though the exact amount is yet to be confirmed.

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The incident took place at around 1.30 am when the men barged into the company’s office.

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The police have started an investigation.

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Sidhu said around 15 cash vans of the company are usually stationed there. The police have also recovered a cash van that was taken away by the miscreants from near Mullanpur.

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