Six armed men with looted Rs 10 lakh from a State Bank of India branch at Saravan Bodla village near Lambi in Muktsar district on Wednesday.
The robbers, whose faces were covered, came on three bikes. It took just 10-12 minutes for robbers to loot cash from the bank branch, which had no security guard, police said. They were carrying two or three .12 bore rifles, police officials said adding that no shot was fired.
According to an official, one person stood outside the branch to keep a watch while the rest of them looted cash, After taking mobile phones of the bank staff and the CCTV equipment, they locked the bank and fled from the spot.
There were only two bank employees at the time of incident, police said. The robbers reached the bank within 10 minutes of the arrival of cash in the branch, said Muktsar senior superintendent of police (SSP) Sushil Kumar.
Muktsar superintendent of police (SP) Baljeet Singh said a man hunt has been launched with check points being set up at various places to nab the accused.
This incident came close on the heels of daring robbery that took place on Tuesday in which armed men looted Rs 1.3 crore from a van belonging to a private bank on a busy highway in Banur near Rajpura town in Patiala district.
(With agency inputs)