?CCTV footage has been released following an armed hold-up in the city.

The incident happened about 5am on February 19.

The victims were standing on William Street when two males got out of a car.

They then pointed a sawn-off shot gun, demanding their phones and wallets.?

 Anyone with information is urged to contact Crime Stoppers on 1800 333 000.

Click PLAY below to watch the footage