Butler police have obtained an arrest warrant for 51-year-old James T. Matuke on charges he stabbed another man with a knife this morning in an alley near West Jefferson Street.

Police suspect Matuke of Butler stabbed Karl Jageman, 50, in the arm and chest during an argument over money.

Jageman of Butler was treated at Butler Memorial Hospital for two stab wounds.

"He required internal and exterior sutures," Lt. Detective Anthony Fatta said of Jageman, who was expected to be released from the hospital by the end of the day.

Police said that Matuke and Jageman got into an altercation about 11 a.m. at the Shell gas station, the former Cigarette Shop, in the 500 block of West Jefferson Street.

"The suspect demanded money owed to him by the victim," Fatta said.

The two men argued and then decided "to settle their differences" by fighting.

They walked over to Chase Street, a nearby alleyway.

"The victim thought they were going to have a fist fight," Fatta said, "but the suspect pulled out a knife and stabbed (Jageman)."

The victim was stabbed in the left arm and the left chest area below the nipple.

Police said they have found no one who saw the stabbing. Afterward, Jageman walked back toward the Shell station with Matuke following him.

The men got into another brief argument before Matuke fled and the victim made it to the store where he called 911, police said.

Officers spoke to Jageman at the store and again at the hospital.

Police searched for but could not immediately find the suspect.

Matuke is charged with aggravated assault and reckless endangerment.