According to the police, the cash-in-transit vehicle was travelling from Malamulele to Tzaneen when the balaclava wearing attackers travelling in a black Jeep and white BMW started firing at the van, forcing it to stop next to Platland Primary School on Jachtpad Road at about 18:00.
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They blew open the cash-in-transit van before escaping with the cash.
Police said no one was injured during the incident.
Anyone with information regarding the incidents or the whereabouts of the robbers is requested to call the police toll free number 0860010111.
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