The daring daylight robbery took place around 11am outside a private bank's ATM booth located on Bungalow Road at Kamla Nagar, near Delhi University's North Campus.
Sandeep Goel, joint commissioner of police (central range), said the cash van belonged to a private cash replenishment company and it was carrying cash meant to refill different ATM machines in Kamla Nagar and Roop Nagar localities.
A senior police officer said, "The custodians of the cash van were in the process of refilling the ATM machine of a private bank, while the guard was providing them security cover. In the meantime, two men on a motorcycle arrived and shot the security guard twice in his head. They then picked up a bag containing Rs. 1.5 crore from inside the cash van and fled brandishing their weapons."
An eyewitness immediately called the police control room and informed the police about the crime. A PCR van arrived at the crime scene and rushed the security guard to a nearby hospital, where he was declared dead.
A case of murder, armed robbery and arms act has been registered at the Roop Nagar police station. CCTV cameras installed near the crime spot are being scanned to establish the identity of the criminals and find other crucial leads pertaining to the case.
Several teams led by the DCP (north), Madhur Verma -- under the overall supervision of Deepak Mishra, special CP (law and order) -- are probing the cash van robbery case.