Pakistani Urdu TV channel Geo News quoted Pakistani intelligence officials as saying that the world`s most wanted terrorist Osama Bin Laden was killed in a search operation launched by the Pakistani forces after a Pakistani army helicopter was shot down in the wee hours of Monday in Abbotabad, a mountainous town located some 60 kilometers north of Pakistan`s capital city of Islamabad.

At about 1:20 a.m. local time a Pakistani helicopter was shot down by unknown people in the Sikandarabad area of Abbotabad. The Pakistani forces launched a search operation in the nearby area and encountered with a group of unknown armed people. A fire exchange followed between the two sides.

When the fire exchange ended, the Pakistani forces arrested some Arab women and kids as well some other armed people who later confessed to the Pakistani forces they were with Osama Bin laden when the fire was exchanged and Bin Laden was killed in the firing.

Local media reported that after the dead body of Bin Laden was recovered, two U.S. helicopter flew to the site and carried away the dead body of Bin Laden.

Initial reports said that at least one was killed and two others were injured in the crash. At least two houses were engulfed by the huge fire caused by the crashed chopper.