"goods taken from an enemy, etc.," 1802 (in Charles James's "Military Dictionary," London, which defines it as "Indian term for plunder or pillage"), Anglo-Indian, from Hindi lut, from Sanskrit loptram, lotram "booty, stolen property," from PIE *roup-tro-, from root *reup- "to snatch" (see rip (v.)).
LOOTICS, Ind. A term in India to express a body of irregular horsemen, who plunder and lay waste the country, and harrass the enemy in their march. They may be compared to the Hulans of Europe and other free-booters.
LOOTY WALLOW, Ind. A term of the same import as Lootics.
[James, "Military Dictionary"]