Unidentified miscreants looted Rs 4 lakh from a businessman near Chakalapadar village under the Jharigaon police limits in Nabarangpur district on Monday.
According to reports, victim Rajendra Yadav was travelling by a motorcycle carrying a bag containing the cash. In the meantime, three motorbike-borne miscreants attacked him with a sword and snatched away the bag from his possession. The looters fled the spot soon after committing the crime. Locals rescued the businessman and took him to the District Headquarters Hospital for treatment as he sustained injuries on his right hand. Police started investigation into the incident and efforts were on to trace and nab the criminals.