Four persons allegedly snatched Rs 7 lakh at gunpoint from a secretary of a cooperative society near Ramoonwala Kalan village of Moga district on Monday.
The secretary was on his way to Rania village to deposit the money in the central cooperative bank, police said.
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The four persons, who were in a car, overtook his scooter and asked him to hand over the money.
SSP Moga, Surjit Singh Grewal said the police had registered a case and further investigations were on.
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