Two college students have been arrested for allegedly robbing a fertiliser dealer of Rs 97,000 here, police said today.
The accused, Khushal and Aman, residents of Jwalanagar locality were arrested last evening and around Rs 87,500 was recovered from them, Rampur SP Vipin Tada said.
According to the police, the BCom students wanted to make quick money to fund a lavish lifestyle and buy their girl friends expensive gifts.
The duo found an easy target in fertiliser trader Mohammed Faheem, who used to make regular cash transactions via Axis Bank near the village of Taska, they said.
On 19 September, as Faheem left the bank having withdrawn nearly Rs 97,500, the accused followed him on a two-wheeler to the outskirts of the city. They snatched the bag containing the cash from the victim and fled from the scene.
Based on the victim's complaint, the police scrutinised CCTV footage from the bank and noticed the accused wandering aimlessly outside the bank and then following Faheem as he left the branch.