Armed officers were called to an incident in Corby on Friday (February 14) following reports of someone brandishing a weapon.
Police were called to the violent incident in Gainsborough Road during the afternoon.
A police spokesman said: “As a result three local men have been arrested and they are in custody being interviewed.
“Officers would like to hear from anybody who saw anything suspicious in the Gainsborough Road and Sheffield Walk areas between 12.30pm and 3.30pm.”
Anyone with information is asked to call the police on 101 or Crimestoppers on 0800 555 111.