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Chit fund agent robbed of Rs. 80,000

August 04, 2016 12:00 am | Updated 05:33 am IST - Bengaluru:

A 39-year-old chit fund agent was threatened at knifepoint and robbed in the Ramamurthynagar police station limits on Wednesday evening. Two armed men made away with Rs. 80,000 cash after threatening him.

The complainant, Mallesh, a resident of Munishwaranagar, was working as a collector for a chit fund company. According to the police, he was collecting payments from shop-keepers around 7.30 p.m. at a market in Ramamurthynagar when two bike-borne men approached him from behind, threatened him with a knife and asked him to hand over the cash.

When Mallesh tried to resist, they threatened to kill him. They then grabbed the cash and fled.

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