Heavily armed bank robbers looted two banks in the university town of Iwo, Osun State on Tuesday afternoon, killing two police officers in the process.

According to Sahara Reporters, the gunmen robbed First Bank and Skye Bank branches frequented by students and staff of Bowen University.

The robbers killed two police officers before fleeing with their stolen cash.

Police pursued the gunmen, but were unable to catch them and found only two vehicles they had abandoned.

The robbers are believed to have fled Iwo town and are still at large.

Scene of the robbery at Skye Bank in Iwo, Osun 

The robberies occurred near Bowen University in Iwo, Osun State

Picture Credit: Sahara Reporters