Police are still searching for the robbers who targeted a cash-in-transit van in Katlehong, east of Johannesburg, on Saturday morning.
This incident happened only days after an announcement by Police Minister, Bheki Cele that cash-in-transit heists have decreased by 36% since April.
Witnesses say a Mercedes-Benz vehicle was used to intercept the van that was transporting the money.
The suspects used explosives to force the cash-in-transit van open before escaping in two bakkies.
A security guard has been admitted to hospital after he was shot and wounded during the robbery.
SAPS’ National spokesperson, Vish Naidoo says a 72 hour plan has been activated to apprehend the suspects.
“Security guards did try to put up a fight. There was an exchange of gunfire between them and the robbers. But unfortunately they were overpowered by the robbers who came in two other bakkies. They were armed with rifles and machine guns. They then used explosives to gain access to the money in the vehicle and fled with an undisclosed amount of money. One security guard is reportedly wounded from the exchange of gunfire and has been taken to hospital where he is reported to be in a stable condition.”