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Four people were shot near Nathan Phillips Square where the Toronto Raptors, along with millions of people, celebrating the team winning the NBA Title on Monday.

Toronto police said officers were called to the scene on Bay and Albert streets, near the southeast corner of the Square, at approximately 3:45 p.m.

READ MORE: Millions of fans flood downtown Toronto for Raptors victory parade

A spokesperson originally told Global News one of the victims was a woman. No other details about the victims’ identities were released.

However, later police said officers located two victims with serious but non-life-threatening injuries.

WATCH: Videos show moment crowd flees after gunshots ring out during Toronto Raptors victory parade

1:04 Videos show moment crowd flees after gunshots ring out during Toronto Raptors Victory Parade Videos show moment crowd flees after gunshots ring out during Toronto Raptors Victory Parade ​

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Toronto police initially said two people had been shot, but Toronto police chief, Mark Saunders later told reporters that number had been upgraded to four.

“We know that there are four victims right now that have gunshot wounds,” said Saunders in a scrum at the scene. “None of them are life-threatening at this point in time, but I’m grateful that the resolve to this situation was as quick as it was.”

WATCH: Toronto police take down suspect at the scene of a shooting near the Raptors parade

0:39 Dramatic suspect take down following shooting near Raptors parade in downtown Toronto Dramatic suspect take down following shooting near Raptors parade in downtown Toronto

Police said they had three people in custody and recovered two firearms.

On Tuesday, Saunders said neither of the firearms recovered were the one that was fired during the incident.

He also said they are looking for another person of interest – a man who is described as being between five-foot-nine and six feet tall with short light brown hair and a heavy build. At the time, he was wearing a white button down T-shirt and was last seen running westbound on Queen Street.

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WATCH: Toronto Police Chief Mark Saunders confirmed Monday that four people were shot during the Raptors championship parade.

8:50 Four people shot near Raptors Championship parade in downtown Toronto: Chief Saunders Four people shot near Raptors Championship parade in downtown Toronto: Chief Saunders

Video captured by Twitter user @Shamaplan showed several people running full speed in one direction, as officers ran to the scene of the incident.

Fans were told to stay calm and politicians, including Ontario Premier Doug Ford, Mayor John Tory, and Prime Minister Justin Trudeau all stayed in place on stage.

Some in the crowd said they had not heard any shots but rushed from the area as others panicked.

One 25-year-old woman said she had been watching the speeches at the rally when friends pushed her to the side.

WATCH: People flee scene of shooting near Nathan Phillips Square during Raptors championship parade

2:21 People flee scene of shooting near Nathan Phillips Square during Raptors championship parade People flee scene of shooting near Nathan Phillips Square during Raptors championship parade

She said they started ducking and were then stampeded.

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Mike Mudidi said he was enjoying the celebrations when he heard screams behind him that someone had pulled out a gun.

He says he grabbed his buddies’ hands and ran.

Some who stayed behind huddled near pillars in Nathan Phillips Square

The festivities were put on hold while several people, including Raptors coach Nick Nurse and broadcaster Matt Devlin spoke to the crowd, in an effort to keep them calm.

WATCH: Toronto police responded on Monday to a suspected shooting near the Raptors victory parade site.

1:47 Toronto police respond to suspected shooting near Raptors victory parade site Toronto police respond to suspected shooting near Raptors victory parade site

READ MORE: Overcrowding becomes issue as millions of fans turn up for Raptors championship parade

The celebration resumed shortly after.

The city estimated over two million people were on-hand to witness the parade and subsequent rally, which was meant to wrap up by 2 p.m., but was delayed due to how many people lined the streets.

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—With files from The Canadian Press and Kayla McLean

SHOOTING:

Nathan Phillip's Square

-Bay St and Albert St

-Police have located 2 victims

-Injuries serious but not life threatening

-2 people in custody

-2 firearms recovered

-Investigating

^dh — Toronto Police OPS (@TPSOperations) June 17, 2019

Alex is shaking profusely as he tells me he heard three gunshots near Nathan Phillips Square. @globalnewsto pic.twitter.com/oZhqJ7MvVg — Kamil Karamali (@KamilKaramali) June 17, 2019

SHOOTING AT THE RAPTORS CHAMPIONSHIP PARADE. I RAN TO MY COUSIN’S OFFICE!!!! IT’S CHAOS pic.twitter.com/TQXBEngChf — RAPTORS ARE NBA CHAMPS (@shamaplan) June 17, 2019

SHOOTING:

Nathan Phillip's Square

-Reports of woman shot

-People running from area

-Police/EMS are on scene

-Unknown what the injuries are#GO112676

^dh — Toronto Police OPS (@TPSOperations) June 17, 2019