A second man has been arrested after gun shots were fired on Monday that resulted in frightened Point Cook residents being ordered to hide in their homes.

Police executed a search warrant in Wyndham Vale on Tuesday afternoon and arrested a 32-year-old man, charging him with reckless conduct endangering life, reckless conduct endangering serious injury and possessing a firearm.

Police swarm Adelphi Boulevard in Point Cook. Credit:Debbie Richardson

A 27-year-old South Melbourne man was also charged on Tuesday with possessing proceeds of crime, possessing ammunition and other drug-related offences.

Frightened residents had to stay in their homes when a number of shots were fired in Adelphi Boulevard just after 5.30pm on Monday.