An investigation is under way following an incident yesterday evening in which a man in his 70s was tied up and his house ransacked.

The man lives alone in the Ballinamona, Old Parish area of west Waterford.

Four masked men got into his house around 7pm, tied him up and locked him in his bedroom.

The men escaped with a quantity of cash.

Gardaí said the elderly man was badly shaken by the incident.