A man was arrested by Saskatoon Police Wednesday morning after responding to a report of a male pulling out a knife at a business in the 400 block of 3rd Avenue North just after 9 that morning. Police say a man matching the description of the suspect was located and arrested without further incident. A large piece of steel believed to be the weapon used was found on scene. The 31-year-old is charged with assault with a weapon, uttering threats and carrying a weapon dangerous to public peace.