Armed robbery in Hollywood Hills erupts in gunbattle

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People gather next to a crime scene as the Los Angeles County Medical Examiner-Coroner arrives to remove a body in Beverly Hills, Calif., Friday, June 25, 2021. A robbery early Friday in a wealthy Hollywood Hills neighborhood erupted in an exchange of gunfire that killed one suspect and wounded several victims and another suspect, Los Angeles police said. The area has narrow winding streets lined with multimillion-dollar homes. (AP Photo/Damian Dovarganes)

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Los Angeles County Medical Examiner-Coroner officials prepare to remove a body in Beverly Hills, Calif., Friday, June 25, 2021. A robbery early Friday in a wealthy Hollywood Hills neighborhood erupted in an exchange of gunfire that killed one suspect and wounded several victims and another suspect, Los Angeles police said. The shooting was reported around 2 a.m. on Blue Jay Way, said Officer Jeffrey Lee, a police headquarters spokesman. (AP Photo/Damian Dovarganes)

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People react as Los Angeles County Medical Examiner-Coroner remove a body from a crime scene in Beverly Hills, Calif., Friday, Jun. 25, 2021. A robbery early Friday in a wealthy Hollywood Hills neighborhood erupted in an exchange of gunfire that killed one suspect and wounded several victims and another suspect, Los Angeles police said. The shooting was reported around 2 a.m. on Blue Jay Way, said Officer Jeffrey Lee, a police headquarters spokesman. (AP Photo/Damian Dovarganes)

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Police investigators work at a crime scene in Beverly Hills, Calif., Friday, June 25, 2021. A robbery early Friday in a wealthy Hollywood Hills neighborhood erupted in an exchange of gunfire that killed one suspect and wounded several victims and another suspect, Los Angeles police said. (AP Photo/Damian Dovarganes)

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Los Angeles County Coroner checks the inside of a tent covering a body, as investigators gather at a crime scene in Beverly Hills, Calif., Friday, Jun. 25, 2021. A robbery early Friday in a wealthy Hollywood Hills neighborhood erupted in an exchange of gunfire that killed one suspect and wounded several victims and another suspect, Los Angeles police said. (AP Photo/Damian Dovarganes)

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Police officers hold a white sheet as the Los Angeles County Medical Examiner-Coroner removes a body from a crime scene in Beverly Hills, Calif., Friday, June 25, 2021. A robbery early Friday in a wealthy Hollywood Hills neighborhood erupted in an exchange of gunfire that killed one suspect and wounded several victims and another suspect, Los Angeles police said. (AP Photo/Damian Dovarganes)

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People react as Los Angeles County Medical Examiner-Coroner remove a body from a crime scene in Beverly Hills, Calif., Friday, June 25, 2021. A robbery early Friday in a wealthy Hollywood Hills neighborhood erupted in an exchange of gunfire that killed one suspect and wounded several victims and another suspect, Los Angeles police said. (AP Photo/Damian Dovarganes)

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Two unidentified women hug after running behind a departing Los Angeles County Medical Examiner-Coroner van carrying a body recovered from a crime scene in Beverly Hills, Calif., Friday, June 25, 2021. A robbery early Friday in a wealthy Hollywood Hills neighborhood erupted in an exchange of gunfire that killed one suspect and wounded several victims and another suspect, Los Angeles police said. (AP Photo/Damian Dovarganes)

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Los Angeles Police investigators use a 3D scanner at crime scene in Beverly Hills, Calif., Friday, June 25, 2021. A robbery early Friday in a wealthy Hollywood Hills neighborhood erupted in an exchange of gunfire that killed one suspect and wounded several victims and another suspect, Los Angeles police said. The shooting was reported around 2 a.m. on Blue Jay Way, said Officer Jeffrey Lee, a police headquarters spokesman. (AP Photo/Damian Dovarganes)

LOS ANGELES (AP) — A robbery early Friday in a wealthy Hollywood Hills neighborhood turned into a shootout that killed one suspect and wounded three victims and another suspect, Los Angeles police said.

The shooting was reported around 2 a.m. on Blue Jay Way, said Officer Jeffrey Lee, a police headquarters spokesperson. The street made famous by a 1967 Beatles song is in a neighborhood with narrow winding streets lined with multimillion-dollar homes.

The robbery took place outside the home of Richard Saghian, CEO of Fashion Nova, KNBC-TV reported, citing property records. The company, which has a thriving e-commerce site, has attracted fans and collaborators such as Cardi B and Kylie Jenner.

A message left for the company after hours Friday wasn’t immediately returned.

According to police, two men were outside a home when they were approached by two men wearing ski masks. The masked men made the victims lie down on the ground before stealing watches and jewelry from them, Detective Meghan Aguilar said.

A security guard came out of a home, and gunfire was exchanged, Aguilar said. She said the shots hit the guard, the two victims on the ground and the two robbers, who fled in a car with a waiting getaway driver.

Police stopped the car at an intersection on the border of Beverly Hills. One suspect was pronounced dead there and another was taken to a hospital in stable condition.

The third suspect was taken into custody without incident, and a gun was found in the car, a police statement said.

The security guard was hospitalized in critical condition, and the other two victims were in stable condition, Lee said.

Police have not identified any of the people involved.

Police said detectives were investigating whether the robbery is related to other robberies in Hollywood.