The Ondo Police Command has confirmed that the robbery attack, which took place on Thursday at the Ilara Mokin branch of United Bank for Africa at Ifedore local government area, has left three persons dead.
Command Spokesman, Tee-Leo Ikoro, confirmed the report after he paid an on-the-spot assessment of the scene.
Ikoro identified the deceased as a policeman, a commercial motorcyclist and a staff of the Elizade University.
The staff of Elizade University has since been revealed as a popular broadcast journalist, Bunmi Afuye who was recently appointed as the spokesman for the university.
While declaring that an investigation has commenced on the incident, Ikoro disclosed that three other persons who were hit by strayed bullets were rushed to a hospital.
Eyewitnesses said the robbers carted away some money.
They also hinted that the gunmen gained access into the bank by destroying the bullet-proof door with dynamites.
The Nation reported that the Okada rider and the journalist were passing by when they rammed into the robbery operation and were shot dead.
One of the trapped customers trapped inside the bank when the robbers struck said they were about six when they started the operation by 3.00pm.
"I was inside the bank when they (robbers) came, immediately all of us laid down, they started shouting where is the manager! Where is the manager?
"So they later got the key of the vault and packed the money there but they were not satisfied with what they saw. They also opened the Automated Teller Machine but there was not enough money.
"That infuriated them and they shouted where is the money? It seems they didn't get their target. After they took the money they went out angrily shooting to escape the scene."