People were seen 'running away' after an incident at the Evenlode Tower in Blackbird Leys.
There has been reports of 'lots of fire engines and police cars with sirens going' outside the tower block on the estate this morning.
An Evenlode Tower resident said she had heard fire alarms going off earlier this morning but had not been evacuated from her property.
She did not know the cause of the alarms.
Oxfordshire Fire and Rescue Serivce said it was a false alarm.
Thames Valley Police has been contacted for an update.
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