A 27-year-old transient man and a 29-year-old Lawrence man were arrested early Saturday morning following an altercation with an acquaintance.

According to Lawrence Police Capt. Bill Cory, the incident occurred about 2:30 a.m. near 31st Street and Ousdahl Road. Cory said the two suspects had been involved in a verbal altercation with the victim. The suspects were known to the victim.

The two suspects left the area but shortly returned with a firearm. People in the area reported hearing at least one gun shot during the incident. The suspects left the area once again when they were contacted by officers.

Both suspects were arrested, the 27-year-old on charges of aggravated assault and the other, Cory said, on charges of criminal possession of a firearm.

No on was injured during the incident.