Phulbani, May 16: unidentified miscreants have looted Rs 2 lakh from a Phulbani based bizman on Monday.

Tumudibandh police have initiated an investigation after the victim, Purna Chandra Sahu lodged a complaint in this connection.

According to the complaint, Purna Chandra was coming back to his home after withdrawal of Rs 2 lakh from the State Bank of India. On the way, he parked his bike with the cash bag inside the dickey and went few meters away for an urgent work. Meanwhile, someone broke the bike-box and decamped with the cash.

Acting on it, police has beefed up blocking and checkings to reach at the operators . However,the miscreants are yet to be identified.