Ludhiana, Apr 9 (PTI) Three unidentified motorcycle-borne robbers looted Rs 50 lakh cash from the office of an oil trading company here, police said on Saturday.

They said it took just five minutes for the robbers to loot the money at gunpoint and thereafter escaped from the thickly populated area.

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Senior IPS officer Kaustubh Sharma, who assumed the charge of Ludhiana police commissioner on Saturday, visited Kesar Ganj mandi where the incident took place on Friday evening.

He said investigation is underway and police have got some important clues regarding the case.

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(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)