We present an efficient scheme based on a long short-term memory (LSTM) autoencoder for accurate seismic deconvolution in a multichannel setup. The technique is beneficial for compressing massive amounts of seismic data. The proposed robust estimation ensures the recovery of sparse reflectivity from acquired seismic data that have been under-quantized. By adjusting the quantization error, the technique considerably improves the robustness of data to the quantization error, thereby boosting the visual saliency of seismic data compared to the other existing algorithms. This framework has been validated using both field and synthetic seismic data sets, and the assessment is carried out by comparing it to the steepest decent and basis pursuit methods. The findings indicate that the proposed scheme outperforms the other algorithms significantly in the following ways: first, in the proposed estimation, fraudulently or overbearingly estimated impulses are significantly suppressed, and second, the proposed guesstimate is much more robust to the quantization interval changes. The tests on real and synthetic data sets reveal that the proposed LSTM autoencoder-based method yields the best results in terms of both quality and computational complexity when compared with existing methods. Finally, the relative reconstruction error (RRE), signal-to-reconstruction error ratio (SRER), and power spectral density (PSD) are used to evaluate the performance of the proposed algorithm.