Western Cape police have confirmed that a cash-in-transit heist took place on Jakes Gerwel Drive, near Philippi, on Monday morning.
News24 reports the heist occurred just 200 metres from a police station.
According to police, there was an explosion involving a G4S vehicle, and shots were also fired.
Police are investigating. According to the City of Cape Town, Jakes Gerwel remained closed to traffic as authorities combed the scene.