Man arrested in stabbing of 56-year-old man, Minneapolis police say

Police say a 56-year-old man is in the hospital after being stabbed near downtown Minneapolis Friday afternoon.

Officers responded to the stabbing around 2:47 p.m. near the 1300 block of Linden Avenue. Early investigations indicate that two men, who knew each other, had a verbal altercation that led to a stabbing. Police found the man who was stabbed at 8th and Hennepin, where he walked after it happened, according to the Minneapolis Police Department.

Police say the man was transported to the hospital with a "potentially life-threatening injury."

The other man involved in the stabbing is cooperating with investigators, MPD says.

UPDATE: A 58-year-old man has been arrested in connection to the stabbing, Minneapolis Police said Saturday afternoon. Jail records show he was booked into Hennepin County Jail around 5 p.m. Friday and is awaiting charges for assault.

This story will be updated as more information becomes available.