UPDATE: Two people in custody following shooting at Toronto Raptors rally

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Photo via Canadian Press

1:20 p.m. PST

Police have located two victims, according to the latest tweet from Toronto Police.

Injuries are serious but not life-threatening.

Two people are in custody, the tweet reads, and two firearms have been recovered.

1:15 p.m. PST

The Raptors celebratory rally at Nathan Phillips Square was briefly suspended after police said there were reports of a woman being shot.

Cellphone videos posted on social media show people running from the area near the stage.

Police did not have any further details.

Eye witnesses say word of the shooting sent a section of the crowd into a stampede, with people screaming and hiding in nearby bushes.

They say children in strollers were bowled over as frantic parents tried to shield them.

Police have set up barricades on the south side of the square.

1:05 p.m. PST

Toronto Police Service is reporting to Nathan Phillips Square in the city’s core after an apparent shooting.

In a statement tweeted around 12:50 p.m. PST, the police service stated there were reports of a woman shot and people running from the area.

Social media reports from Toronto-area journalists from the same time and place show video of people fleeing the square, which is adjacent to Toronto City Hall and is a major gathering place for events like Canada Day.

Festivities were briefly suspended.

More to come.

— with files from the Canadian Press