"Three to four burqa-clad gunmen entered the Jammu and Kashmir Bank branch at Arwani in Anantnag district and decamped with Rs 5.20 lakh cash," a police official said.
A police spokesman said that initial investigation indicated that militants of Hizbul Mujahideen were involved in the bank robbery.
"During the initial investigation, and with the help of CCTV footage, it was found that Hizbul Mujahideen militants are involved in this crime. Efforts are on to nab the culprits," the spokesman said.