Four unidentified men looted Rs 1.5 crore from an ATM cash-van of State Bank of India in the Dharavi area on Thursday, police said.
The incident occurred near the ONGC building on Sion-Bandra Link Road when the van had stopped in front of an ATM for refilling cash.
Four unidentified men approached the van and fled with a cash box containing Rs. 1.5 crore, said deputy commissioner of police Ashok Dudhe.
While the van was parked, with the back gate facing the ATM, and staffers were removing cash, four persons managed to steal a box containing Rs. 1.5 crore in cash.
Two of the accused were caught on a nearby CCTV camera while making a run with the cash box.
A case against unidentified persons has been registered, the police said.