An altercation over money became violent in south Nashville Monday afternoon.
Police stated two men got into an argument in the 300 block of Puls Park Boulevard just off Murfreesboro Road.
Earl Hill, 58, asked the victim to leave his apartment. Instead of leaving, the victim began kicking Hill's door.
Hill then grabbed a knife and sliced the victim's right arm before stabbing him in the back.
The victim was transported to Vanderbilt University Medical Center for his injuries.
Authorities stated Hill admitted to the incident while in police custody in the back of the patrol car.
He was charged with aggravated assault with a deadly weapon.
His bond was set at $50,000.