Srinagar, Mar 24: In a third such incident in twelve days in Kashmir Valley, unknown armed robbers looted Rs two lakh cash from a bank in Budgam district on Wednesday.

Official sources said that the gunmen entered the extension branch of JK Bank at Chandapora in the central Kashmir district this afternoon and fired some shots on the wall inside the branch, apparently to scare off the staff.

Later they looted Rs two lakh cash besides one 12-bore rifle from the bank guard namely Abdul Rashid Sofi of Sanoor Kalipora.

A police officer while confirming the incident  said that a case has been registered and investigations have been taken up.

Earlier, on March 16 last, three armed robbers had looted Rs 3.5 lakh from a Grameen Bank branch at Panzinara Srinagar.

Prior to it, on March 12, a Grameen Bank branch at Kunzer Tangmarg in north Kashmir’s Baramulla district was robbed of Rs 2.24 lakh.  gns