Five armed robbers looted over Rs 1.80 crore in cash and gold jewellery from a branch of the Bank of Maharashtra in the Pune district in broad daylight, police said.

The incident took place at Pimparkhed in Shirur tehsil, said a senior official. "Around 1.30 pm, when there were few customers, four robbers who were wearing masks entered the bank while another remained outside," said Abhinav Deshmukh, Superintendent of Police, Pune Rural.