The present disclosure discloses a security system for robots. The security system comprises a lock located on a platform, configured to restrict power supply to a plurality of actuators of a robotic arm, a key configured to release the lock for providing power supply to the plurality of actuators and a processing unit. The processing unit is configured to restrict power supply to the robotic arm by initiating the lock, relocate the lock to a random location on the platform, generate an encrypted code based on the random location of the lock and a time-stamp and provide the encrypted code to the control unit for decryption. Upon decryption, the control unit configures the lock to supply power to the plurality of actuators. The plurality of actuators operates the robotic arm to pick the key and release the lock for supplying power to the plurality of actuators.