An official of the State Bank of India (SBI) was looted of cash of Rs Rs 1.76 lakh at gunpoint by unidentified miscreants near Tundimunda Chhak under the Kankadahada police station in the district on Tuesday.
Sources said three armed miscreants on a motorbike followed the Grahak when he was on the way from his home to the bank and decamped with Rs 1.76 lakh from him after brandishing guns and choppers.
The victim said two of the looters were wearing helmets and another had covered his face with a handkerchief. On receiving information, the Kankadahada police rushed to the spot and began an investigation into the incident. A complaint was lodged in the connection and the cops have launched a manhunt to nab the accused, sources said.