Police have charged a man after he was allegedly armed with a firearm in the Melbourne CBD on Friday morning (Oct. 21)

Police arrested the man in Elizabeth St about 10am.

It is believed the man threatened two other people, who were unknown to him, with the firearm following an altercation in Spencer St.

The victims were not injured during the incident and were able to raise the alarm and call Police.

A home-made firearm found on the man was seized.

The 24-year-old man, of no fixed place, has since been charged with possess imitation firearm, two counts of assault and two counts of make threats to kill.

He was to face Melbourne Magistrates’ Court on Friday evening.