Updated at 11:20 a.m.
UNC spokesman Randy Young said no arrests had been made as of Tuesday morning.
Updated at 7 p.m.
UNC Police have taken out arrest warrants for two suspects involved in the racist vandalism on University of North Carolina at Chapel Hill's campus, said UNC Police spokesperson Randy Young.
UNC Police said they are "conducting a thorough criminal investigation" and "will not be releasing any details that could impede that investigation or subsequent prosecution," including the language used in the graffiti.
Barricades have been reerected around the Unsung Founders Memorial "to deter future incidents," and police "continue to monitor any threats to the campus," according to Young.
Updated at 3:30 p.m.
Early Sunday morning, two individuals defaced the Unsung Founders Memorial on the University of North Carolina at Chapel Hill's campus with racist graffiti, according to a statement issued by UNC-CH Interim Chancellor Kevin Guskiewicz. The memorial is located in McCorkle Place at the heart of the campus, not far from the site where the Silent Sam Confederate monument was toppled and the base later removed.