Ludhiana, March 9 -- A group of unidentified miscreants targeted an ATM kiosk of ICICI Bank near ELDECO on the Jalandhar Bypass during the intervening night of Saturday and Sunday, breaking open the machine with a gas cutter and fleeing with an estimated Rs.7 lakh in cash.

According to police, four suspects were captured in CCTV footage installed in the vicinity. The accused reportedly arrived in a car and executed the robbery between 1.30 am and 2 am before escaping from the spot.

Police officials said a similar ATM robbery had been reported in Kailash Nagar on December 27 last year and investigators suspect that the same gang may be behind both incidents.

Preliminary investigations revealed that the miscreants first forced open the s...