A search is underway for four men who robbed security company officials in Jeffrey's Bay on Tuesday morning.
Police spokesperson, Lieutenant Gerda Swart says the incident happened at about 10.30 in the morning.
The security guards were held up while delivering cash to an ATM in Da Gama street.
Swart says no shots were fired and the suspects fled in two vehicles with an undisclosed amount of cash. One bag of money was discovered in Coral street by SAPS.
The robbery will be investigated by the organised crime unit.