Unidentified robbers on Wednesday uprooted an ATM of the State Bank of India (SBI) in Bulhowal on Tanda road.
Bank officials said the ATM contained Rs 9.10 lakh.
Officials said the incident came to light around 7.30 am when the bank guard found the shutter of the kiosk up and the machine missing.
Police and bank officials soon rushed to the spot and scanned CCTV footage that showed two masked persons approaching the ATM at 2.17 am and spraying on the cameras.
The machine had been detached from the floor apparently by a screw driver.
SBI branch manager Sidharth Bhatti said Rs 5 lakh had been deposited in the machine on Tuesday.
“The ATM remains open from 8 am to 8 pm. It attracts a good number of customers, particularly in the first few days of a month,” he said.
Since all shops in the vicinity were closed at the time of the robbery, the police could question only the bank guard in detail.
Senior superintendent of police Dhanpreet Kaur said an alert had been sounded in the area and a massive manhunt launched for the robbers.
On July 26, Rs 4.17 lakh were looted from the ATM of OBC bank in Bhikhowal village.
That month a Punjab National Bank ATM was also targeted in Janauri and Rs 3.53 lakh were looted.
Several other ATM robbery cases, too, stand unresolved.