A 70-year-old man is now traumatised after two bandits invaded his house located at Tuschen Housing Scheme, East Bank Essequibo (EBE).
The incident occurred at around 01:00hrs on Tuesday morning.
Matchane Harinarine, who lives alone, operates a small liquor store from his home.
Reports are that the man had closed his business and retired to bed at around 19:30hrs on Monday.
However, in the wee hours of Tuesday, he was awakened after hearing a loud noise emanating from the door at the northern side of his house.
The pensioner got up and went to investigate. As he opened his door, he was confronted by two men, one of whom was armed with a knife.
The armed bandit then placed the knife to Harinarine’s neck and ordered him to turn off the lights.
The traumatised man, without hesitation, complied and the bandits proceeded to bind his hands and feet together with a piece of cloth.
After doing so, the men ransacked the house in search of cash and other valuables.
They reportedly found $200,000 in cash, a quantity of Digicel and GTT phone cards worth $60,000, two Blu cellular phones, and a silver hand band valued at $20,000.
The bandits, after securing the loot, walked through the door and made good their escape on foot. An alarm was subsequently raised and the police were summoned to the scene. No arrests were made.