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A woman holds a sign as Oakland police investigate an officer-involved shooting on Ritchie Street and Bancroft Avenue in Oakland, Calif., on Wednesday, May 29, 2013. A man was transported from the scene. ( Jane Tyska/Bay Area News Group)

OAKLAND -- An armed man was shot and killed by police after a foot chase Wednesday afternoon in East Oakland, marking the city's first fatal officer-involved shooting in more than a year, police said.

There were no other reports of injuries. Police did not immediately release the man's name, age, or city of residence.

Police were tight-lipped Wednesday about what led to the shooting.

Deputy Chief Danielle Outlaw said that about 2 p.m., officers working on a crime-reduction team were given information that occupants in a certain vehicle may have been armed with a stolen firearm.

Whether officers saw a weapon through the window or were familiar with the occupants inside the car -- and believed they posed a danger -- was unclear. Police attempted to stop the car at 90th Avenue and Plymouth Street, but it sped away to 77th and Bancroft avenues, where the trio got out of the vehicle and ran in different directions, Outlaw said.

One man was found armed with a loaded handgun in the 2400 block of Ritchie Street and shot multiple times by a uniformed officer, police said.

Police began first aid and the man was transported to Highland Hospital, where he later died.

Outlaw would not say if the man pointed or waved a gun at officers or what prompted the officer to shoot the man. Police said they found a handgun at the scene, but investigators did not say if the man had fired the weapon. It was later determined the loaded gun was stolen from Georgia, according to Officer Johnna Watson.

The officer who shot the armed man was placed on administrative leave pending an investigation by the Alameda County District Attorney's office and the department's internal affairs division. The executive force review board will determine if the force used was in compliance with department policies and procedures. The name of the officer was not released.

The two other men who were in the car were located hiding in yards near Bancroft Avenue and Ritchie Street and arrested Wednesday afternoon, police said. The arrest charges and the men's identities were not immediately released.

The death was Oakland's 42nd homicide of the year. Last year at this time, there were 47 killings.

The incident Wednesday was the first fatal officer-involved shooting for the Oakland police force since May 6, 2012, when Officer Miguel Masso shot and killed 18-year-old Alan Blueford after a chase. Blueford's family has filed a civil rights suit against the city in U.S. District Court, and there have been numerous protests since the shooting.

The Alameda County District Attorney's office declined to file criminal charges against Masso. The outcome of the police internal affairs investigation of Masso has not been made public.

Wednesday's fatal shooting was the fourth officer-involved shooting in Oakland this year. The other three people shot did not die from their wounds.

All lanes on Bancroft between 76th and 90th avenues were blocked to traffic for several hours but were reopened by late afternoon.

Staff writer Thomas Peele contributed to this report.