UPDATED AT 4 P.M.

Less than 24 hours after a Faribault woman was found in a car with multiple stab wounds, the man suspected of stabbing her was found in rural Steele County.

Authorities say Shane Alan Wilson, 27, was taken into custody around 1 p.m. Sunday.

A press conference regarding Wilson's capture was held at the Steele County Law Enforcement Center on Sunday afternoon. Authorities say they took the suspect into custody after the Steele County Sheriff's Office was tipped off by neighbor who saw Wilson in a yard. He was taken into custody without incident.

Wilson was found near the site of a Saturday night car fire involving a vehicle he is believed to have stolen. Authorities conducted a roughly-three hour search for Wilson following the fire, but were unable to find him and suspended the search for the night.

Faribault Police Chief Andy Bohlen said he believed the victim, who was found unresponsive in a car with two young children on Saturday afternoon, underwent surgery sometime during the night and is doing well.

Check back for more updates.

UPDATED AT 1:30 P.M.

Law enforcement officials say that they have found Shane Alan Wilson and he is in custody. Wilson is a suspect in a stabbing that took place in Faribault on Saturday afternoon.

UPDATED AT 12:50 P.M.

Faribault police are reportedly on their way to Owatonna to conduct a search of an area in Steele County using bloodhounds. Authorities from Steele County and a Sheriff's Posse are assisting in the search. They are working to locate Shane Alan Wilson, 27, who is a suspect in a stabbing that took place in Faribault on Saturday afternoon.

Wilson is described as 5'10" and 160 pounds with blue eyes, short brown hair and a physical disability that causes him to use a cane or walker. Police say that people should refrain from approaching Wilson and he should be considered armed and dangerous.

Police request that anyone with information about Wilson's whereabouts should call 911.

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UPDATED AT 12:40 A.M.

A man wanted in connection to a life-threatening stabbing in Faribault was still on the run late Saturday night after a vehicle he is believed to have stolen was found fully engulfed in flames in rural Steele County.

Faribault Police Chief Andy Bohlen said authorities suspended “an exhaustive search” for Shane Alan Wilson, 27, that included the use of thermal imaging, helicopters, police canine teams and the assistance of multiple local law enforcement agencies. As of 9:30 p.m. Saturday, they had not found him and had suspended the search.

“We’re confident he’s not in the immediate area,” Bohlen said following the three-hour search.

The alleged stabbing occurred around 4:30 p.m. Saturday. According to a Faribault Police Department press release, authorities found the victim, a 26-year-old female, in a stalled vehicle near Faribault's law enforcement center. She reportedly had multiple stab wounds, was initially unresponsive and was transported to District One Hospital and later airlifted to another area hospital. The condition of the victim, whose name is being withheld, is unknown.

Two children also found in the vehicle appeared uninjured and were taken into police custody.

Authorities say the victim and a witness indicated the victim was stabbed in the 300 block of 3rd Street NW by her boyfriend, identified as Wilson. Wilson reportedly fled the Faribault area in his vehicle. But at about 6 p.m., a vehicle believed to have been stolen by Wilson near Owatonna was found on the border of Steele and Freeborn counties fully engulfed in flames, Bohlen said. That vehicle is a total loss and the cause of the fire is unknown.

Police say they suspect that Wilson fled on foot or was given a ride by a citizen passing through the area. He is described as 5'10" and 160 pounds with blue eyes, short brown hair and a physical disability that causes him to use a cane or walker. Police say that people should refrain from approaching Wilson and he should be considered armed and dangerous.

Police request that anyone with information about Wilson's whereabouts should call 911.

“Our thoughts and prayers are with the female victim and her family," Bohlen said Saturday night.

Bohlen also noted his department is grateful for the assistance from numerous neighboring agencies. The FPD was aided in its search by the Owatonna Police Department, Minnesota State Patrol, Minnesota DNR, and deputies from Rice, Steele and Waseca counties.

Reach reporter Rebecca Rodenborg at 333-3128, or follow her on Twitter.com @FDNRebecca