The incident took place yesterday near Hatsari degree college at Aliganj Kotwali when Ramesh Chandra, an army man, and his nephew were going back to their village after withdrawing the money from Aliganj branch of SBI, they said.
According to the FIR, the bikers, who were following them from the bank, waylaid Chandra and his nephew and looted them after firing several rounds, police said.
Policehas registered a case against unidentified persons but no arrests have been made so far.