A cash van belonging to Bank of Punjab (BoP) was looted on a busy road in Peshawar on Monday, reported 24NewsHD TV channel.
Three dacoits stopped the cash van on the GT Road in Hashtnagri area of Peshawar, got hold of the guards and looted all the cash in the vehicle.
The dacoits made their escape very good from the scene. They took away over Rs10 million with them.
The guards then drove the van to the nearest police station and lodged a complaint.
The police after recording their statements have launched an investigation into the incident.
Reporter Malik Rehman