A 52-year-old general manager of a private company was robbed at gunpoint by two armed assailants on Ring Road, near Maharani Bagh area on July 20.
They robbed cash of Rs 40,000, a wrist watch and other valuables from the victim. They were allegedly demanding Rs 15 lakh from him. Based on the victim's complaint, a case was registered under Section 382 and 34 of the Indian Penal Code (IPC) at Sunlight Colony Police station in South-East Delhi.
The victim, Piyush Jain, is the General Manager of Everest Industries in Mohan Cooperative Industrial Area. He was returning home in Sahibabad when the looting occured. Jain informed the police five days later, on July 25.