MALAYBALAY CITY (11 May 2021) – A lone robber has carted P430,160.00 cash from Lils Lending Shop located at Carbajal St., Talatala Building, Malaybalay City on May 10, a police report said.

Police Lt. Col. Jerry A. Tambis, chief of police of Malaybalay City in his report said the incident occurred at 12:05 PM.

Initial investigation disclosed that an unidentified male suspect wearing a dirty white jacket, blue maong pants, and light color shoes entered the said lending shop and approached the male loan officer.

The suspect draws from his jacket an unidentified long firearm and pointed at the loan officer while declaring hold up. The suspect ordered the three employees to drop and handed over an eco-bag to the manager while demanding to place the money inside.

Thereafter, the suspect immediately took the eco-bag and hurriedly fled on board his driven single XRM125 color gray/black towards the Capitol ground.

Furthermore, the suspect gained opportunity since the lending shop was about to close and there was no other client inside. Moreover, the said establishment has no installed CCTV camera and has no security guard on duty.

Police Col. Jun Mark J. Lagare, the acting provincial director has ordered the chief of police of Malaybalay to conduct a thorough investigation of the incident and the possible identification of the culprit.