Turkish police are hunting two armed robbers in the capital Ankara who escaped with 400,000 Turkish liras ($113,000) of cash as it was being transferred to an ATM early Wednesday.

Police say the robbers held pump-action shotguns to the heads of security guards in the OSTIM industrial area of the Yenimahalle district. After handcuffing the guards, the criminals escaped on foot.

Officers have begun searching for a black automobile and a motorcycle, which are suspected of having been used by lookouts during the robbery.

Security camera footage from the ATM is being scrutinized by detectives