Minneapolis Police are currently investigating a fatal stabbing that occurred near the University of Minnesota campus, at University Ave SE and 13 Ave SE.

The victim was found wounded in a car just after 7:30 p.m. Thursday. A police spokesman says the victim, a man in his 20's, was taken to Hennepin County Medical Center where he succumbed to his injuries. The suspect was arrested at the scene.

Minneapolis police have said the victim and suspect were acquaintances.

University students have just started moving into the area for the beginning of the fall semester, but police say the two men involved are not believed to be students.

The case is currently under investigation.