VicPD apprehended a suspect Thursday afternoon near Beacon Hill Park.
Police received a report of a man allegedly brandishing a weapon around 2:30 in the Beacon Hill Park area.
Constable Mike Darling says police conducted a search in the Park after the suspect was reported to have been seen fleeing on foot from an incident with a vehicle. "It was a dispute over some earlier financial dealings the two parties had which led to today's confrontation."
The incident is still under investigation.