In a broad daylight robbery, a gang of seven robbers on Wednesday barged into an Andhra Bank branch at Kausalyaganga on the city outskirts and hacked a security man before fleeing with cash and gold worth lakhs of rupees.
According to police, seven miscreants came by three bikes, entered into the strong room of the bank after hacking the security man with a sharp weapon at the entrance and decamped with cash worth Rs 15 lakh and gold.
The robbers also took the hard disc of the CCTV installed inside the bank.
After getting information, Commissionerate police and Pipili police officials rushed to spot and started investigation.
Sources said both the Commissionerate police and Pipili police have jointly formed a team and are raiding various places to nab the culprits.