Mumbai: Police are on the lookout for four persons who allegedly looted Rs 1.5 crore from a State Bank of India (SBI) cash van in Dharavi, Mumbai on Thursday afternoon.

According to preliminary information, the incident took place between 2 and 3 pm today near the SBI ATM at Sant Rohidas Marg, opposite ONGC, in Dharavi. The cash van had come at the spot to refill the SBI ATM.

While the van was parked, with the back gate facing the ATM, and staffers were removing cash, four persons managed to steal a box containing Rs 1.53 crore in cash.

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Two of the accused were even caught on a nearby CCTV camera while making a run with the cash box.

Cops were quickly alerted about the theft, following which Dharavi police registered a case against the unidentified persons under relevant sections of the Indian Penal Code and launched a manhunt to nab them.