Egypt's top military commander says the army is now in full control of the country and President Mohammed Morsi has been replaced by the chief justice of the constitutional court as the interim head of state.
He made the announcements in a Wednesday night speech -- the latest twist in an all-out power struggle inside Egypt that Morsi's national security adviser is describing as a military coup.
Gen. Abdel-Fattah el-Sissi said the country's constitution has been temporarily suspended and Morsi has failed to meet the demands of Egypt's people.
Fireworks and cheers erupted from the millions gathered in Tahrir Square after the announcement was made.
Top military officials and opposition leaders met Wednesday and agreed on a political roadmap for the country's future, el-Sissi said. A new presidential cabinet will be formed as well as a national reconciliation committee, which will include youth movements that have been behind anti-Morsi demonstrations.
Morsi's response was not immediately known, but an aide says he has been moved to an undisclosed location.

Earlier story below:
Before the announcement, Egyptian troops, including commandos in full combat gear, were deployed across much of Cairo, including at key facilities, on bridges over the Nile River and at major intersections.
The military has vowed to defend its people "against any terrorist, radical or fool.” Top military officials and opposition leaders held talks for most of the day and a statement was expected at the conclusion.
"For the sake of Egypt and for historical accuracy, let’s call what is happening by its real name: Military coup," the Morsi adviser, Essam al-Haddad, said on his Facebook page.
An aide told Reuters that Morsi had spent the day working at a presidential office in a compound of the Republican Guard in Cairo, but it was unclear if he would be able to return later to his palace.
Witnesses told Reuters that the army was erecting barbed wire and barriers around the compound, and moving in vehicles and troops to prevent supporters from getting to his palace.
A travel ban was put on Morsi and the head of his Muslim Brotherhood, Mohammed Badie, as well as Badie's deputy Khairat el-Shater, officials told the Associated Press.
The Freedom and Justice Party (FJP) -- the political wing of the Muslim Brotherhood -- has denied that Morsi was placed under house arrest.


http://www.foxnews.com/world/2013/07/03/egypt-teeters-on-brink-overthrow-as-army-deadline-is-set-to-expire/

I hope these Egyptians will let sleeping democracy lie.