Four armed youths posing as CBI officers allegedly held a contractor's family hostage at gun point and robbed them of cash and valuables in Swaranjayanti Puram area here.
The youths introduced themselves as CBI officers to enter the residence of Trilok Chand in Swaranjayanti Puram in Kavinagar area, police said.
The armed youths held Trilok's wife Kuldeep, his 4-year-old son Gurpreet and his mother Sabarjeet (75) hostage, they said, adding the contractor was not in the house at the time of incident.
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The family was held hostage and the armed youths robbed Rs 4,000 cash and valuables worth lakhs, he added.
On the Trilok's complaint, a case was lodged at Kavi Nagar police station against the accused.
A manhunt has been launched to arrested the accused, he said.