MILWAUKEE (CBS 58) -- A 23-year-old man is dead, and a Milwaukee Police Department (MPD) officer was injured after gunfire was exchanged during a police chase on Tuesday, Sept. 8. 

A source tells us the officer involved -- a 35-year-old man with more than three years of experience -- was shot in the leg. Police say the officer was treated and released from the hospital. 

Officials say it all started just before 6 p.m. when officers spotted a car wanted in connection with a shots fired case in Glendale. 

Surveillance video shows officers chasing a silver SUV near 37th and Wright. 

Police say the driver stopped near 37th and Wright. The driver and a second person got out and ran. An officer chased one suspect a few blocks away, where gunfire was exchanged. 

The 23-year-old man died at the scene. The Milwaukee County Medical Examiner's Office identified the man as Printis Smith of Milwaukee. 

Police say they found a gun in Smith's hand, another in his waistband, and a third inside the vehicle. 

One suspect remains on the run.