Hyderabad, March 17 -- Telangana Police on Tuesday said they have launched a hunt for four unidentified bike-borne persons who allegedly snatched a gold drop carton box with Rs.1 crore cash from two AC mechanics in Kukatpally who were travelling on a two-wheeler.

The robbers escaped on their bikes, according to police who said they have formed four teams to crack the case.

According to the Kukatpally Police offical," A robbery incident has been reported near Pillar No. 837, Kukatpally. Yesterday at about 9:40 PM, two people, namely Md. Khusru, aged 42 years, AC Mechanic, resident of Bahadurpura and Md. Azeemuddin, aged 38 years, an AC Mechanic, resident of Bahadurpura, were proceeding on a scooty. When they reached near Pillar No. 837, ...