Cash van driver flees with Rs 1.37 crore

In a daring daylight heist, the driver of a logistic agency today fled with a van laden with Rs 1.37 crore cash, collected from banks here, police said.

Dominic, hired by Logicash, an outsourcing agency, drove away the van with the cash when two other employees had gone to a bank in the heart of the city to collect money at around 1.30 pm, Deputy Commissioner of Police (West) M N Anucheth said.

"The driver, Dominic, who was hired by Logicash, fled in a money van which was carrying Rs 1.37 crore collected from banks," he said.

The accompanying security personnel had gone to attend the nature's call when the driver fled the spot, he said.

Anucheth said the money was collected from two other banks during the day.

A team has been formed to apprehend the accused, he said.