Editor's note: New information has been released in this case, including the identity of the man killed. Read our updated story here.
Twin Falls police say a man died after being shot by an officer Wednesday afternoon following a stabbing investigation.
According to the Twin Falls Police Department, officers were first called around 1:07 p.m. to St. Luke’s Magic Valley to meet with a person who had been stabbed.
Police say they identified a suspect and later located him at a home in the 600 block of Washington Street North.
At about 4:49 p.m., officers set up a perimeter, shut down the street and called in a SWAT team made up of Twin Falls police and deputies with the Twin Falls County Sheriff's Office.
Authorities say officers and deputies spent more than an hour trying to contact the suspect using multiple methods in an effort to get him to surrender peacefully.
During the standoff, police say the suspect was armed with a knife and was shot by an officer.
“While attempting to execute that search warrant, it did result in an officer-involved shooting... we do have one subject deceased," Lt. Steven Gassert with the Twin Falls Police Department said.
Medical crews were already staged nearby and responded immediately, but the suspect died at the scene despite life-saving efforts. His identity has not yet been released.
No officers or members of the public were injured, according to police.
The Magic Valley Critical Incident Task Force has been activated, and the Cassia County Sheriff's Office is leading the investigation into the officer-involved shooting.
Police say the officers involved have been placed on paid administrative leave, which is standard procedure.
Once the investigation is complete, the case will also go through an internal administrative review.
Officials say there is no ongoing threat to the public and are asking for patience as the investigation continues.
Idaho News 6 will continue to provide updates as more information is released.
