BREAKING: Child hostage in Alabama rescued

U.S. officials have reported that the gunman holding a child hostage for a week in an underground Alabama bunker has been killed by law enforcement officials and the child is safe and on his way to a hospital.

At 3:12 p.m., FBI agents safely recovered the child, officials said in a press conference Monday.

Within the past 24 negotiations deteriorated and the hostage taker was observed holding a gun. FBI agents determined the child was in danger, and decided to go in.

Jimmy Lee Dykes, the perpetrator, was killed in the FBI action.

Developing story. Check back for live updates.