The taxi was recovered a short distance away from the robbery, say RCMP. (CBC)

Codiac RCMP are investigating after a Moncton taxi driver was robbed at knifepoint early Tuesday morning of an undisclosed amount of money —  and his taxi.

The driver was not injured and the taxi was recovered a short time later, Const. Damien Thériault stated in a news release.

It all started at about 4 a.m. when the driver picked up a man on University Avenue who asked to be taken to Cornell Street.

When they arrived at the destination, the man threatened the driver with a knife and demanded money, said Thériault.

He then ordered the driver to get out of the cab and drove away, making off with the cash.

The taxi was located a short distance away.

The suspect is described as Caucasian, about 30 years old, six feet tall and about 160 pounds. He spoke English with a slight accent, has short hair, light skin tone, a fairly long nose and was clean shaven.

He was wearing a grey jacket and dark tuque at the time.

Anyone with information is asked to contact RCMP at 506-857-2400 or Crime Stoppers at 1-800-222-TIPS (8477).