A gang of seven dacoits, wielding knives and chopper, on Tuesday allegedly looted the office of an ATM cash handling company here in the wee hours and decamped with nearly Rs 5 crore, police said. The incident took place when the dacoits, who had their faces covered with monkey caps and handkerchiefs, barged into the office in Teen Hath Naka area at about 3 am where 4 to 5 staffers were engaged in counting money, police said. Initially the amount was pegged at Rs 12 crore but after counting of the booty looted, police have estimated a sum of nearly Rs 5 crore.