Police say they responded to the Isle of Wight Steam Railway at 11:48 when reports were received of a suspicious incident in the village.
An investigation is underway and officers are making extensive enquiries to establish the exact circumstances of the incident.
8 Police vehicles responded to the scene and specialist officers used a drone to conduct an aerial sweep of the area in the hunt for the suspect, as previously reported by Island Echo.
Hampshire Constabulary has confirmed that a 64-year-old man has been arrested in connection with the report and has been taken into custody at Newport Police Station.
It’s thought that the arrest may have taken place in the Godshill area this afternoon.
A police presence is expected in the area today as officers conduct their enquiries. Anyone with any concerns, or any information, can speak with officers.
Anyone with information should also call 101 quoting 44210126378.
The Isle of Wight Steam Railway is currently closed to visitors as part of the coronavirus restrictions in place until 12th April.