Peshawar, Dec 16 (ANI): In the latest major offensive, 500 students have been held hostages and 16 are feared to be killed after Taliban militants stormed the Army Public School in Peshawar in broad daylight on Tuesday. Five or six militants reportedly wearing military uniforms entered the Army Public School in the city of Peshawar. The Tehreek-e-Taliban Pakistan (TTP) claimed responsibility for the attack, saying the gunmen had been ordered to shoot older students but not children. Security forces arrived at the Army Public School, located on busy Warsak Road near cantonment, and kicked off rescue operation. Police and military officials said two of the attackers have been eliminated while one blew himself up during retaliation by security forces. They said the terrorists attacked central auditorium of the school where a function was underway.