About 20 armed robbers reportedly invaded Alaafia Estate at the Orogun area of Ibadan, the Oyo State capital, dispossessing residents of their money and other valuables.
The robbers reportedly used Point of Sale machines to transfer money from the accounts of some residents, who did not have cash.
In households where they experienced network failures, the hoodlums were said to have collected the Personal Identification Numbers (PIN) and ATM cards of their victims.
It was a second assault on the estate, as the robbers, were said to have stormed the estate about two weeks before the Sunday operation.
The Sunday operation, which lasted from 11pm on Sunday to about 2am on Monday, affected about 25 families.
The armed robbers were said to have angrily destroyed properties at House 25, where they accused some of the occupants of peeping to see the way they operated during their previous visit to the estate.
The arrival of armed police eventually ended the robbery spree in the wee hours of the morning. They made good their escape.
Oyo State Police Command spokesperson, Adewale Osifeso, confirmed the incident. He said the police received a distress call around 3am and deployed some of its men to the scene.
He said, “On sighting the policemen, the hoodlums fled the scene after they were thoroughly resisted. In the process, a pistol was recovered along with three cutlasses and a bag containing both male undergarments and SIM cards.”
Osifeso said efforts were on to apprehend the hoodlums.