Police believe London Bridge terrorist Usman Khan acted alone when he carried out his horrifying attack yesterday.
The 28-year-old convicted terrorist - who was released on license a year ago - was gunned down by police after fatally stabbing a man and a woman and injuring three others.
He was wearing a fake suicide vest when he was shot twice in the chest.
Police have said they are not looking for anyone else in connection with the atrocity, which happened yesterday afternoon.
Khan was convicted in 2012 for terrorism offences and released from prison last December on licence, Metropolitan Police Assistant Commissioner Neil Basu said.
His home in Stafford is being searched, but investigators do not believe anyone else was involved in plotting yesterday's attack.
Mr Basu added police were "not actively seeking anyone else".
The Ministry of Justice said they would not be providing a comment.
Security Minister Brandon Lewis told Sky News this morning: "It is important to bear in mind that police are not looking for other suspects, people should continue their lives in the normal way."
"There will be a long and detailed investigation into the situation as it currently stands."
But he refused to say whether the attack by Khan was the result of a "failure" by authorities.
Mr Lewis repeatedly refused to comment on the specifics of the incident, but said that more assessment was needed of the sentences given to violent criminals.
"We take what action we need to do and we believe is right under the advice of the police and look at all of the lessons learned from any case as quickly as we can to ensure people's safety," he told Sky News.
When asked how Khan, who pleaded guilty to preparing acts of terrorism in 2012 and was on licence from prison at the time of the incident, was able to arm himself and launch the attack, Mr Lewis said it would be "inappropriate and dangerous" to speculate on the issue.
He added that although the UK terror threat level had been recently reduced from "severe" to "substantial", there had been "no change in the posture and the work" of police and counter-terrorism forces.
Elite cops fatally shot Khan within five minutes of the first 999 call being made.
While officers from the Met and City of London Police confronted the jihadist, others scoured the surrounding areas to determine whether he had accomplices.
He is now thought to have acted alone.
A man and a woman died, while three others - a man and two women - were injured in the attack.
It has since emerged that Khan, who was born and raised in the UK, and eight others were jailed for a variety of terror offences in February 2012 - and he was freed in December last year.
Khan was given an indeterminate sentence for "public protection" - meaning he could remain in jail beyond the end of his eight year sentence.
However the Court of Appeal overturned this, instead sentencing Khan to a 16-year term, with half being served behind bars.
He was released from prison after agreeing to wear an electronic tag and be monitored by authorities, the Times reports.
The newspaper said he was attending a Cambridge University conference on prisoner rehabilitation being held at Fishmongers' Hall yesterday and "threatened to blow up" the building before embarking on his attack at London Bridge.
Neighbours voiced their shock this morning as cops descended on a flat thought to be Khan's home.
Retired police officer Justin Lightfoot, who lives in a nearby street, said he instantly recognised Khan when a friend showed him a mugshot of the 28-year-old in a media report on Saturday morning.
Mr Lightfoot, who runs a gardening business, said he had never seen Khan, who was wearing Western clothing, carrying anything or walking with anyone else.
The local resident told the PA news agency: "The only thing I've seen is him just walking past my house.
"I've seen his picture this morning online and when I saw that obviously I recognised him. A friend showed me the picture and as soon as I saw it, I recognised him straight away.
"It's just frightening when somebody lives so close to you - you don't know what's going on so near to your home."
Mr Lightfoot added: "I've seen him for probably the last three or four weeks. Whether he was there longer or not I don't know.
"When I came home from work last night I saw the police here between half four and five o'clock. There was a couple of police cars, a police car across the road.
"I had this feeling it might be something to do with that (the London Bridge attack) and then when I heard it on the radio last night and it said Staffordshire and then Stafford... it's just frightening."
Other residents said they had seen police speaking to others living in the three-story block of flats on Wolverhampton Road after officers sealed off the building.
Another resident, whose house overlooks the flats, said: "I've certainly seen police there before, but what for I'm not sure.
"I haven't seen the man who lived there for at least a week or so."
