An Automatic Teller Machine (ATM) of the Punjab National Bank (PNB) was found looted near the Nandankanan Zoological Park main gate on the outskirts of city on Wednesday.
It is suspected that taking advantage of the absence of security personnel, unidentified miscreants cut open the ATM with a gas cutter and looted cash on Tuesday night.
The CCTV cameras installed at the ATM kiosk were also found vandalised.
The loot came to light after some locals spotted the ransacked currency notes vending machine in the kiosk.
They immediately informed the police who rushed to the spot and initiated an investigation.
According to reports, looters dismantled the CCTV camera first and then broke open the ATM to loot all the cash stashed in it. While they succeeded in their attempt, the exact amount of cash looted by them was yet to be known.
Notably, taking advantage of absence of security personnel at the ATMs, the looters are finding them soft targets and have gone on a looting spree across the State. Though the police have asked the bankers to engage security personnel to guard the ATMs, it has not been done.