Shots fired during Toronto Raptors’ NBA championship parade, police say

Shots were fired at Toronto's Nathan Phillips Square during the Raptors' NBA championship parade on Monday afternoon, the Toronto Police Operations Centre announced on Twitter.

"Reports of woman shot. People running from area. Police/EMS are on scene. Unknown what the injuries are," the tweet read.

About 30 minutes later, police provided the following update:

"Police have located 2 victims. Injuries serious but not life threatening. 2 people in custody. 2 firearms recovered. Investigating."

Videos shared on social media show thousands of people running in panic.

I’m on the roof of city hall and something is happening. People are running including what looks to be cops and security pic.twitter.com/FEbhw88OqI

Bruce Arthur of the Toronto Star also tweeted that gunshots were fired.

"One witness said four shots. Crowd ran. There is a victim down being given medical attention, surrounded by a crowd, and police are clearing people from the area. Speeches are still going on," he said.

"Crowd on east side running again. Cops said get down. Oh no," he added.

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This is a developing story. Continue to follow for updates.

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