The victim along with his son, were going to deposit the amount when two masked criminals laced with a revolver tried to snatch away the bag containing cash, the police said.
The criminals whipped out a revolver when their move was resisted by the Jain duo and snatched away the bag containing cash, they said.
A police team led by DySP(Hq), Chandan Kumar rushed to the spot to investigate the matter and raids are on to apprehend the culprits.