The incident took place at around 2.40 PM in Shankar Lane of the western suburb when the unidentified assailants, in their 20's, shot at Dakshesh Shah who was carrying the bag containing money, said Kandivli police station senior inspector Mukund Pawar.
Shah was rushed to Shatabdi Hospital where he is being treated for injuries to his finger and thigh and is currently out of danger, said DCP (Zone XI) Vikram Deshmane.
Police suspect an insider's role in the incident and are questioning the office staff of Shah as the robbers knew that the victim was carrying cash.