In a broad daylight heist, five armed miscreants looted cash of Rs 1.32 lakh from the owner of a gas agency near the Jharani bus-stand on the Turekela-Kantabanji road in Balangir district on Thursday.
Though victim Khirodh Meher lodged a complaint with the Turekela police later in the day, no arrest was made till the last report was filed.
As per the complaint, when Meher was going to a bank by his motorcycle to deposit the cash in the afternoon, the looters came by two motorbikes and intercepted him. Brandishing guns and sharp weapons, they decamped with the cash. They also broke his mobile phone during the confrontation.
An investigation has already begun from different angles. The culprits would be nabbed son, said police sources.