SBV CIT robbery

Photo: SBV Services

SBV offers R1 Million reward after guards successfully defend cash in foiled CIT robbery

SBV has offered a whopping R1 million reward for anyone with information regarding a foiled CIT robbery in Cape Town.

SBV CIT robbery

Photo: SBV Services

Cash-in-transit company, SBV Services has offered a whopping R1 million reward for information leading to the successful arrest and prosecution of suspects who were involved in a foiled CIT robbery. SBV protection guards successfully defended cash in the attempted cash-in-transit heist at the Shoprite Centre in Dunoon, Cape Town. Videos which were shot by eyewitnesses have been circulating on social media. 


During the incident, one of SBV’s protection officers was shot at and injured in the arm but is in a stable condition. 

Group CEO of SBV Services Mark Barrett said they are extremely proud of the quick and evasive action of their team. The company also commended their bravery during the attack. 

“We cannot comment further as an investigation is underway and we are cooperating with the SAPS as they investigate. I would like to commend the team for their bravery while defending this attack and reiterate that SBV will not tolerate any attacks that place our employee’s lives at risk.”

“SBV’s Risk and Compliance team will do everything possible to support the authorities in apprehending the suspects involved,” Barrett added.  


Police spokesperson, Colonel Athlenda Mathe said a manhunt has been launched for a group of suspects following the attempted CIT heist. 

“According to a report from the scene, the cash van was attacked by a group of unknown men near an ATM near Shoprite Park. The group of suspects who were travelling in a Mercedes Benz and a BMW opened fire on the cash van with the security officials inside. This, after the driver of the cash van rammed into the Mercedes,” Mathe said. 

Mathe also added that the armed men fled the scene empty handed and also abandoned the Mercedes Benz. The abandoned vehicle was circulated and found that it was stolen in Khayelitsha.

Social media has been abuzz with South Africans who hailed and applauded the guards for their bravery during the attack.

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