Police say a man with a hand gun robbed a bank on Toronto Street North in Markdale, half-an-hour south of Owen Sound.
Provincial police responded and heard the victim was using an ATM at the bank on Friday at 10:38 p.m.
They were approached by a man allegedly armed with a gun who reportedly assaulted them, and demanded they withdraw money.
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Through video surveillance, police say they were able to identify the man and seized the gun, which turned out to be a replica.
As a result of the investigation, a 36-year-old Alliston man was charged with armed robbery, pointing a firearm, carrying concealed weapon, possession of a weapon for a dangerous purpose, and six counts of possession of a firearm or ammunition contrary to prohibition order.
The accused was held for a bail hearing and remanded into custody.
Grey Bruce OPP is requesting anyone with information to call 1-888-310-1122. To remain anonymous, call Crime Stoppers at 1-800-222-8477 or submit a secure web-tip where you may be eligible to receive a cash reward of up to $2,000.