Police arrested a 24-year-old man after he allegedly stabbed another man in a drug deal gone bad in Waikiki Sunday night, police said.

The stabbing occurred at approximately 7:50 p.m. in front of The Modern Honolulu located at 1775 Ala Moana Boulevard.

Police said the suspect and victim are acquaintances.

Emergency Medical Services provided advanced life support to the victim who sustained stab wounds. He was taken to a hospital in critical condition.

Police arrested the suspect at approximately 8:20 p.m. on suspicion of second-degree attempted murder.