No one was injured during a hold-up in Valley Road, Birkirkara yesterday, the police said.
Preliminary investigations showed that an employee of a private firm who had just withdrawn money from a bank and was returning to the company van was held up by an armed man.
The man snatched the money and ran off to a van which was waiting nearby and driven by an accomplice.
The amount of the haul was not disclosed. Duty Magistrate Dennis Montebello appointed several experts to assist in an inquiry.
The case is being investigated by the Birkirkara police and by the CID.