"The assailants broke into the ATM and looted close to Rs 11 lakh. There was no guard around 5:30 AM when the incident took place," Baba Khel basti SHO Keval Kishore said.
As per the retrieved CCTV footage, a man wearing a helmet entered the ATM, then stepped onto a dustbin to break the camera and cut the wire. There is no recording of the robbery, he added.
"As per the bank official, we got to know later that the accused had cut the cash cabin of the ATM following which they looted Rs 11 lakh," police said.
According to a circular sent out by the DCP, action would be taken against concerned bank authorities which do not place security guards at their ATMs.