Robbers have targeted a security van outside a bank in south Belfast.
A security guard was hurt during the robbery
Two people are believed to have been involved in the raid at the Ulster Bank on Ormeau Road at about 1100 BST.
A police spokeswoman said it was understood that a security guard had been taken to hospital with an arm injury following the robbery.
Local MP Alasdair McDonnell of the SDLP said the robbery would do "serious damage... to the image of Belfast, and the Ormeau Road in particular".
Sinn Fein assembly member Alex Maskey said it was "very disturbing that in broad daylight on the front of the Ormeau Road, these people feel confident enough to carry out such an attack".
DUP councillor Jimmy Spratt said: "This was an extremely vicious
robbery and our thoughts are with the injured security guard."
The Alliance Party's Allan Leonard described it as sinister.