The two were scheduled to compete for what is now called the SPFL Trust Trophy in the latest edition of the competition in 2019/20, but shared the silverware after the final was canceled due to coronavirus.
A hat-trick from Billy Mckay helped Scottish league leaders Inverness recover from two losses to defeat League 2 side Elgin 4-2.
Elgin led 2-0 after just over 20 minutes thanks to Tom Grivosti and Brian Cameron, but a brace from Mckay helped Caley Thistle equalize at the break.
Mckay completed his hat-trick halfway through the second half and Lewis Jamieson produced a nice 72nd minute finish to give the visitors a break.
Raith won 3-1 over East Fife at Stark’s Park. They had the best of three quick goals late in the first half, with Dylan Tait and Aidan Connolly scoring a goal either side for Scott Mercer before Matej Poplatnik added a third in the second half.
The match between the Cove Rangers and the Albion Rovers ended remarkably, scoreless in the 79th minute, but ended 4-1 against the hosts.
Mitchel Megginson, a brace from Rory McAllister and Jamie Masson gave Cove four goals in 10 minutes before Maxwell Wright nabbed a consolation for League Two Albion.
Greenock Morton edged Montrose 4-2 on penalties, Gary Oliver scoring the winning shot after a goalless draw.
Two third round matches took place on Friday night.
Kilmarnock beat Queen’s Park 3-1 at Rugby Park with goals from Oli Shaw, Euan Murray and Callum Hendry after Grant Gillespie equalized on penalty for the Ligue 1 leaders.
Meanwhile, in Dumfries, Queen of the South defeated championship rivals Partick Thistle thanks to goals from Lee Connelly and Ally Roy in the second half, the latter’s goal coming in the 92nd minute.
Hamilton also reached the quarter-finals with a 2-0 victory over Aberdeen on Wednesday. The final clash of the third round takes place on Wednesday, October 27 when Alloa Athletic hosts Rangers B.