India, July 1 -- The Philadelphia police have released arrest warrants for two 16-year-olds who are accused of murdering Billy Schmidt on June 6 while he was returning home from an NBA Finals viewing party.

A representative from the Philadelphia Police Department informed Fox News Digital that the warrants were issued for two boys, both aged 16. Fox News Digital has chosen to withhold their identities due to their status as minors and the fact that they have not yet been formally charged.

Billy Schmidt, 22, was fatally shot during an attempted armed robbery that occurred on June 6 at approximately 1:30 a.m. Officers discovered the Penn State student suffering from a gunshot wound to the chest. He was transported to a nearby hospital but...