By Oladipupo Mojeed

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The robbery on three commercial banks which left five people dead, including four policemen, in Iwo, Osun state, has sparked panic cash withdrawal.

The incident took place on Tuesday, 6 June, 2017.

Customers were said to have besieged the banks’ Automated Teller Machines on Wednesday to make panic withdrawal.

The armed robbers are still at large and the banks are said to be already counting their losses.

Meanwhile, Residents want security to be tightened in the area.

In the meantime, the traditional ruler of  Iwo land, Oba Abdulrasheed Akanbi, has adopted the whistleblowing formula for possible arrest of the criminals.

He promised a handsome reward for whoever has information that can lead to the arrest of the armed robbers.

The operation

The attack on the banks, which took place along Bowen University road, Iwo, was said to have been carried out the same time the Divisional Police Headquarters in the town was attacked.

Tuesday’s attack has forced the affected banks to close for business after an undisclosed amount of money was carted away.

During the operation, which lasted for about an hour, residents, shop owners and passers-by, scampered for safety as the gun-trotting robbers started shot sporadically into the air to scare people away from the scene.

According to a source, a young boy was unlucky as he was hit by bullets in the leg while attempting to flee the scene of the incident.