A manhunt is underway for a man described as a sharply dressed bank robber who made off with around $12,000 after threatening Chase Bank employees with a handgun in Boonton, New Jersey.

The suspect entered the Chase Bank branch shortly before 2 p.m. on Saturday, armed with a pistol. He was reportedly wearing a black suit, a dark-colored tie, black gloves, a ski mask, and sunglasses. After demanding cash, the individual fled the scene with approximately $12,000.

Authorities believe the suspect is a white male in his 50s. He is believed to have escaped in a gray or silver Honda Odyssey minivan. No injuries were reported in connection with the incident.

The Morris County Prosecutor’s Office and Boonton Police Department are leading the search and are asking for public assistance. They are urging anyone with information about the getaway vehicle or who may have captured relevant footage on home security or dash cameras to come forward.

Officials have also refuted social media speculation that the robber had been apprehended following a traffic stop on Interstate 80, confirming the suspect remains at large.

He escaped with $12,000 in cash as authorities suspect his getaway vehicle to be a gray or silver Honda Odyssey Minivan

This incident follows a separate event at a Chase Bank in Bakersfield, California, on June 3, where a bomb threat and hostage situation occurred. In that case, suspect Anthony Searles-Harris, 41, barricaded himself in a room with 10 hostages. The 15-hour standoff ended when FBI personnel shot and killed the suspect. All hostages were rescued unharmed.

On June 3, a different chase bank branch located in California, was the victim of a bomb threat and hostage incident. A standoff occurred for a total of 15 hours, until FBI personnel shot and killed the suspect

Investigators determined that the suspect in the California incident did not appear to have specifically targeted Chase Bank or its employees. The attack has not been linked to the New Jersey robbery.

The attack has not been linked to Saturday's incident

A massive manhunt is underway as authorities scour the New Jersey vicinity