In yet another daylight loot, bike-borne miscreants allegedly snatched Rs 5 lakh from a businessman near the Satatala Gate along the Ring Road under the Plant Site police station in Rourkela on Tuesday.
The victim, identified as Pradeep Chhele, was returning from a bank after withdrawing the money when the looters snatched the bag from him and fled from the spot.
Getting information, a team of the Plant Site police reached the spot and launched an investigation.
On Monday, bike-borne miscreants had looted more than Rs 4.96 lakh from a liquor shop staff in a similar manner when he was returning after collecting the money from a businessman.
The series of snatchings, robberies and firing have triggered shockwaves among the steel city residents.