A footage captured by a CCTV camera installed in the bank revealed two armed men carried out the robbery.
According to police spokesperson Manoj Pandita, "Hizbul Mujahiddin terrorists barged into J&K Bank branch Arwani in the jurisdiction of Police Station Bijbehara, Anantnag today in the afternoon and looted about rupees 5.20 lakhs". Police sources said demonetisation has hit militants and their over-ground workers hard and they have suddenly faced the cash crunch in Jammu and Kashmir.
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"Three to four burqa-clad gunmen entered the Jammu and Kashmir Bank branch at Arwani in Anantnag District and decamped with Rs 5.20 lakh cash", a police official said.
Although, Police is investigating into the matter.
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He said efforts are on to identity the militants and track them down. Figures reveal that around 10 banks have been looted since demonetisation was announced in November a year ago. It claimed the three were involved in a number of attacks on security personnel and bank robberies in South Kashmir.
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