Peel police are investigating a brazen daylight bank robbery in Brampton.

Police say the incident took place at roughly 2:15 p.m. on Friday, January 19 at the Royal Bank branch on Sandalwood Parkway West and Creditview Road.

Const. Iryna Yashnyk said two suspects are believed to have entered the bank branch, one of which was armed with a gun.

Initial reports are that a shot was fired, but no one sustained any injuries. Tactical and canine units are currently on scene gathering evidence.