The burglars struck at Mominabad village near Ashajipora, 55 km from here, in the wee hours and took away the Automated Teller Machine of Jammu and Kashmir Bank, a police official said.
Quoting bank officials, he said Rs 14,56,000 in cash were inside the machine.
A case has been registered and a hunt launched to nab the accused and recover the stolen ATM, the official said.