Ventura police said the whole thing started Friday evening at 43 E. Vince St. when two men, Daniel McGrath and Steven Droszcz, were arguing over personal issues involving a woman they both knew.
As the argument grew heated, McGrath reportedly took out a knife, placed it on Droszcz's torso and threatened to kill him.
Droszcz suffered a minor, non-life threatening wound to his ribcage area.
After the incident, McGrath attempted to flee on foot but was later spotted by a patrol officer near Figueroa and Thompson streets.
McGrath was arrested and booked for assault with a deadly weapon.