Launceston CIB is investigating an alleged aggravated armed robbery at the Mowbray Hotel and Sports Bay last night.

Two men entered the hotel armed with a small axe and a large knife, at approximately 8:55pm and gained entry behind the counter, striking a male employee to the head. They fled the scene with a quantity of cash and other property in a vehicle which police believe may be a white Holden VN Commodore ute.

The victim was treated for minor injuries at the Launceston General Hospital and has since been released.

Anone who witnessed the incicent or the suspected vehicle in the area, or has information to assist Police is asked to contact Launceston CIB on 131 444  or anonymously to Crimestoppers on 1800 333 000 or at