The military's statement described the armed group as irregular, noting it had also taken control of firearms and ammunition, and stressed that such actions amounted to treason.
Earlier on Friday, some soldiers stationed in the area as well as their families fled their homes, as police stations shut down to prevent further confrontations.
The seizure of the military outpost is seen as a response to efforts earlier this week by security forces under the control of President Luis Arce to dislodge highway blockades organized by supporters of Morales.
Televised images showed a row of uniformed soldiers with their hands behind their backs, possibly tied, surrounded by members of the armed group.
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