Police say at around 5:17 p.m., officers responded to 106 Magnolia Street after it was reported that someone armed with a gun was threatening people.
Upon arrival, officers found 39-year-old William Scott, of Springfield. During the investigation, police say they saw a firearm in plain view inside of the car that Scott was driving.
According ot police, Scott admitted to possessing the firearm and was later revealed to be a convicted felon.
Scott was then arrested and charged with weapons in a motor vehicle, carrying a pistol without a permit, criminal possession of a firearm and threatening.
Police also seized a Smith and Wesson .380 caliber handgun with six live rounds of .380 caliber ammunition as evidence.
The incident remains under investigation.