A bank employee was allegedly robbed of Rs 11.75 lakh cash while he was on his way to deposit the money at the bank`s branch in Kalyan city in Maharashtra`s Thane district, police said on Sunday.

The incident took place on Saturday afternoon, when the employee was travelling with the cash from Vasai to Kalyan along with the bank’s security guard on a motorcycle, assistant police inspector Sharad Pawar of Bhiwandi police station said.