The loot took place in the intervening night of Thursday and Friday, they said.
According to the police, the first incident occurred at Pedapura village in Bagwala Kotwali at the house of one Rameswar.
The armed men allegedly looted gold ornaments worth about two lakh rupees, Rs 18,000 cash, and other valuables at gun point, they said, adding two family members including a woman were also injured in the incident.
The injured, identified as Shyam Beti and Awdesh, have been admitted to district hospital where their condition is reported to be serious, police said.
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A case against six unidentified persons has been registered with Bagwala Kotwali police.
No arrest has been made so far in the two cases, police said.
Meanwhile, a delegation of villagers met Etah SSP SK Verma in this regard and demanded action following which the SSP assured them prompt arrest of the accused and recovery of their property.