Police are investigating an armed robbery which occurred at a bank in Fawkner on 6 January.

Investigators have been told that two balaclava clad men ran into the bank on Bonwick Street around 3pm.

The men were carrying a cut down long-arm firearm and a handgun and told staff to hand over cash.

Staff complied and the men then fled the building and were last seen driving off in a green sedan.

The burnt out car was located by police about 10 minutes after the robbery.

Police believe that the offenders drove off in another vehicle.

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