CHENNAI: The Koyambedu Police have arrested two men for allegedly snatching a bag containing Rs 45.68 lakhs from a collection agent after chasing him on a two-wheeler and threatening him with a knife. The incident occurred on the evening of September 22.

The victim, Narayanan, 35, from Chinmaya Nagar, Veda Nagar, works as a collection agent for a vegetable shop owner in the Koyambedu market. He collects cash from shops in Koyambedu and Parry's Corner.

According to his complaint, on September 22, Narayanan was travelling from Parry's Corner to Koyambedu with the day's collections of Rs 45.68 lakhs. when he was nearing Koyambedu, two men on a bike hit his vehicle, causing him to fall. The duo then snatched the bag containing the cash. When Narayanan tried to chase them on his own bike and

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