1. Robbery includes either theft or extortion while dacoity is the aggravated form of robbery.
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2. No minimum number of participants is prescribed in robbery and it may be committed by one person to four persons, but in an offence of dacoity, there must be five or more persons.
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3. Robbery is lesser offence than dacoity, while dacoity is the most serious and heinous offence than robbery.
4. In robbery, the real wrong-doer is only punished whereas in dacoity, every member of the gang of dacoity is punished, whether he takes active part or not. If one member of dacoity commits wrong defined under Section 391, all the members are held liable for punishment.
5. The offender of robbery should be present at the victim, and should create fear of death in the mind of victim. However, every member of dacoity group need not be present at the victim. In a circumstance, where one is watching at the centre and another at door of the house, commit terror in the minds of the owner, all the members are liable, including those who do not present at the very spot of offence.
6. Punishment for robbery is rigorous imprisonment upto seven years and also fine. If the robbery is committed on the highway between sunset and sunrise, the imprisonment may extend to four years while the punishment for dacoity is imprisonment for a term which may extend to seven years, and also fine. In the aggravated form of Dacoity the punishment is more severe.