A dispute between two Brooklyn business owners turned deadly when a gun battle erupted Thursday afternoon.

The incident occurred on Fulton Street around 1:15 p.m. in the Ocean Hill section of Brooklyn.

Investigators says one shop owner fired shots at the owner of a barber shop.

The victim was rushed to Brookdale University in critical condition where he later died.

The suspected gunman and another person were reportedly arrested.

According to reports, two other people sustained minor injuries.

The investigation into the incident is ongoing.