A ram-raided Pottsville ATM was dragged 3km along Tweed Coast Road in the early hours of yesterday morning before the alleged thieves were stopped.
A man has been charged over the theft and police are still searching for three others.
Police say that around 2.20am on Wednesday four men were involved in ram-raiding a financial institution on Coronation Avenue.
Two of them left the scene in a Holden Commodore while the other pair left in a Toyota utility, allegedly dragging the machine about 3km to Tweed Coast Road.
Police attached to Tweed/Byron Local Area Command attending the incident were allegedly driven at by the Toyota before the two occupants fled the scene. A pursuit commenced but was terminated a short distance away.
Police from Traffic and Highway Patrol located a Holden Commodore on Tweed Coast Road.
Officers arrested a 27-year-old man at the scene, while a second fled into nearby bushland.
The 27-year-old was taken to Tweed Heads Police Station where he was charged with aggravated break, enter and steal.
He was refused bail to appear at Murwillumbah Local Court.
Police recovered the ATM and other items on Tweed Coast Road that will undergo forensic examination.
Investigations are continuing into the incident, and anyone with information on the other three males is urged to contact Tweed Heads Police or Crime Stoppers on 1800 333 000. Information can also be reported using the Crime Stoppers online page: https://www1.police.nsw.gov.au/.