Three armed robbers stole a bag with €30,000 while it was being transported by a hotel worker from the business to a bank.
Police confirmed the incident to the Cyprus Mail, explaining that it unfolded at about 12.15pm on Monday.
It is understood that while a member of staff from the hotel was driving along the Limassol-Nicosia road, by Pareklisia, the car was cut off and stopped by a rental car.
Three suspects armed with guns demanded the money, which was then handed over, with the suspects then fleeing the scene.
Reports showed a car with a broken window, while they also stated that the suspects spoke in basic Greek.
Further details were not immediately available.
Police arrived at the scene and investigations are underway.
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