Peabody police and firefighters responded to a report of a serious motor vehicle accident on Walnut Street shortly after midnight.
At least one male was trapped inside a vehicle that struck a parked tow truck in front of 86 Walnut St. around 12:35 a.m. Firefighters arrived with the Jaws of Life to extricate that person, who appeared to be a passenger, according to reports.
The victim was taken to Salem Hospital and the medical examiner's office was notified. According to police scanner reports, the victim was later declared dead.
A state police reconstruction team was also called to the scene.
Police apprehended a white male in his 20s who had "blood down his face" after he reportedly took off running from the scene down Tracey Street. According to reports, he was also taken to the hospital.
Stay with Peabody Patch for more details as they become available.