Two miscreants robbed Rs 10 lakh from an elderly person after diverting his attention by throwing some currency notes on the road at Pollachi, some 35 km from here on Thursday.
According to police, the 67-year-old man had withdrawn the money from a bank and was riding pillion on his relative's two-wheeler.
Two persons on another motorcycle were following them.
They shouted that some currency notes had fallen from his bag on the road, police said.
As the elderly man got down from the motorcycle and started collecting the money, the duo snatched the bag and fled.