The cash amount belonged to Haryana Gramin Bank and the van was on its way to deposit Rs 10 lakh in Punjab National Bank's Arya Nagar branch and Rs 50 lakh in the Rawalwas Khurd branch, police said.
A bank official, van driver and guard of PNB's Rawalwas Khurd branch Devi Lal were on their way to deposit Rs 60 lakh in the two branches, Gramin Bank, Hisar, Manager Deepak Bhardwaj said.
As they left Arya Nagar branch to deposit the rest of the amount in Rawalwas Khurd branch, a jeep hit their van from behind, they said.
Four masked robbers then came out of the jeep and shot and injured guard Devi Lal and took away the cash bag containing Rs 50 lakh, he said.
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Lal has been admitted to a private hospital here where his condition is stated to be out of danger.
On receiving information, Anil Rao, IG, Hisar range, SP Satender Gupta and other police officers reached the spot and collected information about the incident.