TWIN FALLS, Idaho (KLIX)- Twin Falls Police  say a bank was robbed just after 11am.

UPDATE 12:40 PM The lock-down for the schools have been lifted.

UPDATE 12:27 PM Twin Falls Police have taken a second person of interest into custody. That arrest happened in the neighborhood behind Lowes on Blue Lakes.

UPDATE 12:06 PM Twin Falls High School and Sawtooth Elementary have both been placed in lockdown as a precautionary measure.

According to Twin Falls City Spokesperson Josh Palmer police have one person of interest in custody and are searching for another in the area of Lowes. Police have a vehicle believed to have been used in the robbery. Palmer says Two males entered the First Federal Bank on Blue Lakes and Falls with coats and bandannas, one had a hood on. Bank employees say one of them displayed a weapon but police would not specify. At this time it is unclear if the robbers got away with anything.

Palmer says police have set up a perimeter attempting to find the second suspect. Palmer could not say if anyone was hurt in the robbery. More info to come.