This work presents a novel robust image compressive sensing reconstruction approach. In contrast to the existing work, we employ the truncated Cauchy loss function to measure the errors induced during the measurement, showing strong robustness to impulsive noise and outliers. To ensure high quality reconstructed images, we utilize a non-local low rank regularizer - with truncated Schatten-p norm being the surrogate function of rank - to capture the self-similar property inherent in most natural images. Considering the fact that the whole optimization model is neither convex nor smooth, to solve it effectively, we firstly use the half-quadratic strategy to transform the loss function into a quadratic objective by introducing some auxiliary variables, and then iteratively and alternatively optimize different groups of variables. Extensive experimental results demonstrate its effectiveness in terms of both quantitative indexes of Peak Signal-to-Noise Ratio (PSNR) and Structural SIMilarity (SSIM), and visual quality under impulsive noise.