Two bike borne armed miscreants waylaid a trader near lingi under the Rajgangpur police station in Sundargarh district and looted Rs17.88 lakh from him on Sunday afternoon.
The incident happened when grocery trader Kamal Singhal (35) of Rourkela was returning home after collecting his dues from businessmen in Rajganpur area.
The two bike borne miscreants overtook the car of Kamal who was sitting in the rear seat and intercepted the vehicle near lingi.
When the driver stopped the car the unidentified miscreants directly came near to Kamal and attacked him in knife and snatched the money bag and fled away.
On being informed the Rajgangpur police rushed to the spot and shifted Kamal, who suffered injury in his hands to the nearby police station.
“We have sealed the main routes in the district and bordering areas and conducting intensive search operation to nab the miscreants, said Rajgangpur police station