A gang of about eight dacoits today allegedly looted the office of an ATM cash handling company here and decamped with nearly Rs 12 crore, police said.
As per initial information, the incident took place around 3 AM when the accused armed with weapons broke into the company office situated near Teen Hath Naka and looted about Rs 12 crore in cash, Thane police spokesperson Inspector Sukhada Narkar said.
The unidentified dacoits also unplugged the CCTV installed on the premises, he said.
Soon after the incident, Thane CP Parambir Singh and other senior police officers rushed to the scene, where investigations are underway.
No case has been registered so far in this connection, police added.