Puducherry, Oct 16 (PTI) Police Tuesday arrested four members of a gang here for allegedly assaulting an employee of a private finance firm and robbing him of Rs 4.75 lakh.

The employee, who was working with the finance firm in Maduranthakam in neighbouring Tamil Nadu, was on his routine visit to Puducherry to collect money from borrowers Monday.

When the employee was driving along the Ellaipillaichavady road, the four-member gang waylaid him. The gang attacked him with sharp-edged weapons and robbed him of the cash bag containing Rs 4.75 lakh he had collected from the borrowers, police said.

The victim filed a complaint with the nearest police station.

Based on the CCTV footage, police traced the accused and arrested them. Search is on for the fifth accused, they said.

Apart from the stolen cash, three mobile phones and two motor cycles were found in the possession of the accused, police added.

PTI CORR

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)