TORONTO -- Police are investigating after a 23-year-old man was seriously injured in a stabbing in Oshawa on Monday morning.

Police said they were called to the scene of the stabbing on Banting Avenue at around 9 a.m. 

The male victim was transported to a trauma centre with serious injuries, but is now in stable condition, police said.

Investigators reported that one man in his 20s is currently in police custody.