Militants loot Rs 11 lakh from Jammu and Kashmir Bank branch in Pulwama

New Delhi, News Nation Bureau | Updated : 15 December 2016, 03:02 PM

Militants looted Rs 11 lakh from Jammu and Kashmir Bank branch in Pulwama, Kashmir on Thursday.

Four gunmen entered the Ratnipora branch of the J&K Bank Ltd in Pulwama and looted about 11 lakh money. A man hunt has been launched in the valley.

Robbery cases have surged in the valley since the PM Narendra Modi on November 8 annnounced to demonetize the higher denomination currency notes.

On November 21, four armed masked men robbed Rs 13 lakhs in old currency note from a bank in Malpora, about 100km from Srinagar. In another robbery attempt,  bank in Kashmir's Pulwama district on December 8 was robbed and thieves made away with Rs 10 lakh. Three armed men looted a bank on gunpoint in Kulgam district of Kashmir in October. Unidentified persons looted over Rs 34 lakh from a Jammu and Kashmir Bank branch in Kishtwar district.

First Published: Thursday, December 15, 2016 02:57 PM
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