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The suspect is charged with aggravated assault and being a felon in possession of a firearm.

Update: Suspect identified in Friday arrest at Southaven Sonic

The subject was subdued after a brief foot chase and taken into custody.

All parties involved in this incident have not fully been identified; therefore, the investigation is still on-going.

Officers were making a welfare check to a home on Magnolia Ridge close to 10:30 p.m. Thursday night.

Police add the victim and suspect know each other and the search is now to locate the suspect and the vehicle.

Victim is hospitalized in stable condition.

A resident told officers they saw a suspect looking over the resident’s fence and then take off through backyards.

No further information, including the identity of the person involved, was immediately released.

Investigation is continuing into the weekend incident.

More details, identities of the victims released after Sunday morning incident.