However, swift police action led to the arrest of the suspects.

The heist

According to police sources, three armed men intercepted the cash van at gunpoint, seizing the cash before fleeing in a vehicle. Initial reports suggested the robbers escaped with more than Rs10 million.

Police response and arrests

Acting swiftly, the police launched an operation and arrested all three suspects.

Also, read this

Law student kills classmate in Peshawar shooting

Former nazim shot dead in Peshawar, protesters block motorway

Man killed over WhatsApp group removal, police officer shot dead in separate attack

Authorities recovered Rs25 million from their possession, while raids are ongoing to retrieve the remaining amount and track down other possible accomplices.

SSP Peshawar’s statement

SSP Masood Bangash confirmed that the looted amount exceeded Rs30 million.

However, the exact sum originally in the van is still being verified with the bank.

He also pointed out that the bank had failed to follow standard operating procedures (SOPs) for cash transport, which contributed to the incident.

CCTV footage obtained

Police have secured CCTV footage from multiple locations, aiding the investigation.

According to SSP Bangash, four robbers were involved, two of whom arrived on motorcycles.

Further interrogation of the arrested suspects is underway, while efforts continue to recover the remaining stolen money.