As first reported by Island Echo, Police were called to Avenue Road in the town at just before 22:30. It was said that a number of men had jumped out of a car and assaulted 2 males walking along the road.
The incident is said to have initially begun near to the High Street as the victims were walking home from work.
Island Echo can reveal that 1 male has been arrested and remains in custody at Newport Police Station for questioning as officers continue the search for at least 2 others.
The car allegedly used during the assault, a red Vauxhall, was seized in the car park of Holliers Hotel in Shanklin shortly after the incident.
Avenue Road – a busy residential street – remained cordoned off overnight until 10:30 this morning (Sunday). The road was closed between the junctions of St John’s Crescent and North Street but has since reopened.
UPDATE @ 15:45 – It has been confirmed that a 25-year-old man from Shanklin has been arrested on suspicion of attempted robbery and possession of a Class A drug.
Hampshire Constabulary has also confirmed that 3 men in the aforementioned Vauxhall approached 2 men on Avenue Road, threatening them and demanding they hand over their watches, backpack and e-scooter. The trio then assaulted them, resulting in minor injuries.
Nothing was taken in the end and the 3 assailants sped off from the scene.
Officers investigating this violent incident are asking for witnesses to come forward who may have seen the red Vauxhall Meriva driving around the area before the incident and immediately afterwards.
Anyone with information is asked to phone 101 quoting 44210467175. Alternatively, you can call Crimestoppers 100% anonymously on 0800 555 111.
Don’t miss another story! Get the Island’s latest news delivered straight to your inbox. Sign up to our daily newsletter here.