Unidentified armed miscreants allegedly looted a car and some cash from an industrialist near Mansoorpur here, police said today.
The incident took place last evening when the victim, Praveen Kumar Jain, was travelling to Meerut from his steel factory in Rooki, police said.
The miscreants, who came in a car, intercepted Jain and robbed him off his car and Rs 15,000 in cash, they said.
Meanwhile, police said a search is underway for the accused.