Authorities say the suspects were believed to be behind a Bank of America robbery on Soledad Canyon in Santa Clarita just after 10 a.m. Wednesday.
Police chased the suspects from Santa Clarita all the way to South L.A., where a suspect in the backseat was seen throwing handfuls of money out the window. Residents were seen running out to pick up the cash, even running into the street in front of police vehicles.
The suspects' vehicle was stopped in the area of Kansas and Vernon at 11:23 a.m. when a silver truck blocked their way. Deputies immediately pulled both suspects out of the vehicle.
A large crowd of people surrounded deputies, forcing them to request additional units for crowd control.
An ongoing search is under way for at least two more suspects who jumped out of the SUV in the Sylmar area. Police say a perimeter has been set up.