Newark,N.J., resident Michael J. Creed was arrested in connection with the stabbing of University quarterback, Trevor Sasek, pictured. ABC News screenshot

An arrest has been made in the stabbing of Senior University of Delaware student and football quarterback Trevor Sasek. Authorities arrested 25-year-old, Newark, N.J., native Michael J. Creed in connection with the stabbing Monday in New Jersey, reported Tuesday.

Creed was charged with first-degree assault and possession of a deadly weapon during the commission of a felony after allegedly stabbing 22-year-old Sasek three times in the chest and once in the abdomen during a fight, his injuries resulting in necessary surgeries.

According to a statement released by the University of Delaware, the stabbing took place early Sunday morning in a city parking lot on 54 East Delaware Ave. after an argument broke out between two individuals.

ABC reported Monday that Creed could be seen in the footage yelling before grabbing Sasek by the shoulder and striking him. Authorities were reportedly able to track Sasek by obtaining vehicle information from a nearby surveillance camera following the fight.

“This was an isolated incident -- an argument between two people, which to led to a fight and stabbing,” Cpl. Gerald Bryda told Delaware Online Tuesday, claiming an eye witness to the stabbing saw Creed laughing after running away from the scene. “There was no threat to the students or community at large," Bryda said.

University of Delaware spokeswoman Andrea Boyle confirmed the institution would not release the name of the victim in the attack, only stating the student was in stable condition in a statement Sunday.

“University officials have been in touch with the student and his family, and we wish him a speedy recovery,” Boyle said.

Sasek began his football career serving as quarterback and punter for Spring-Ford High in Royersford, Pa., before graduating in 2009. The University student, who is reported to weigh 225 pounds, measuring in at 6-foot 6-inches tall, has played in 13 games for the college team for the past three seasons.

Sasek is a native of Limerick, Pa., and is majoring in criminal justice.