One person is shot dead and several injured in robbery gone wrong at the Hollywood Hills home of Fashion Nova CEO Richard Saghian

At least one person was shot dead and several more were injured following a botched robbery at Fashion Nova CEO Richard Saghian's home in Hollywood Hills. 

The shooting unfolded just before 2am Friday on Blue Jay Way during a robbery attempt, according to the Los Angeles Police Department. 

TMZ reports the suspects were trailing behind a Rolls-Royce, which had Fashion Nova CEO Richard Saghian inside, along with two others. 

After the vehicle parked, two suspects jumped out, which is when the shooting took place. Saghian, however, had already made it inside and reportedly was not hurt. 

The suspects in the robbery were reportedly wearing ski masks to obscure their faces. 

At least one person was shot dead and several more were injured following a botched robbery at a Hollywood Hills home reportedly owned by Fashion Nova CEO Richard Saghian

The attempted robbery happened at the home of Fashion Nova CEO Richard Saghian

Two of the victims of the attempted robbery were reportedly forced to the ground, where they had high-end jewelry items and watches lifted.

At that point, a security guard stationed in Saghian's home went outside, which is what directly led up to the shooting. 

During the course of the apparent robbery, three victims were struck by gunfire. One of the victims - the security guard - returned fire, the LAPD said, which struck two of the suspects.

'It caused all three of these suspects to get in the vehicle and flee the scene,' Lee said, according to CNN. 

'Boom, boom, boom, it was a lot of gunshots going on,' Eric Fujier said. 

Two of the victims of the attempted robbery were reportedly forced to the ground, where they had high-end jewelry items and watches lifted

A party may have been taking place at the home at the time of the robbery attempt, though that has not been confirmed. It's not clear if the robbery attempt was targeted or simply opportunistic. 

The Los Angeles Times, however, reports that sources believe Saghian was targeted in the robbery. 

A representative of Saghian told CBSLA that the Fashion Nova CEO wasn't hurt or robbed. 

Witnesses reported hearing around 10 gunshots at the Hollywood Hills home, according to TMZ.

'He (the security guard) got out of the car, he intervened, he shot the bad guys, he got shot in the stomach, he’s in critical condition,' Fujier added. 

Following the shooting, the robbery suspects hopped into a car waiting nearby.  

A shooting happened just before 2am on Blue Jay Way during a robbery attempt, according to the Los Angeles Police Department

None of the people in the shooting - victims or suspects - have been publicly identified

Two of the alleged suspects had gunshot wounds, while a third was uninjured. One ultimately died at the scene, while another was taken to a hospital - their condition is not known 

When officers responded to the shooting reports, they came upon three victims at a home.

The security guard was listed in critical condition. The other two victims were men in their 40s and 50s, who were listed in stable condition.

A vehicle near the scene was found sprayed with bullet holes, though it's not clear if it was the suspects' vehicle. 

The LAPD said they learned of a silver or light-colored Audi that was possibly involved in the shooting.

The suspects fled in a car that was stopped by police about 1.5 miles, Lee said. TMZ reports the car escaped the scene with a flat tire.

Upon locating the car in Beverly Hills, cops pulled the driver over and discovered three men inside the car, who they later claimed were part of the attempted robbery. The three suspects are all believed to be in their 20s.

'At that time, they did a traffic stop,' LAPD Det. Meghan Aguilar said of the cops.

'The three men were in the car. They requested the fire department because two of those men were suffering from gunshot wounds.'  

A third man in the car was uninjured. One ultimately died at the scene, while another was taken to a hospital - their condition is not known.  

CBSLA reports that the man taken to the hospital was handcuffed to his stretcher when he was placed in an ambulance. He reportedly had a wound to his leg.

Police say the third suspect who was not hurt - who was reportedly the driver of the vehicle - was taken into police custody, according to ABC 7. 

Los Angeles County Medical Examiner-Coroner officials prepare to remove a body

Police officers hold a white sheet as the Los Angeles County Medical Examiner-Coroner removes a body from the crime scene

People gather next to a crime scene as the Los Angeles County Medical Examiner-Coroner arrives to remove a body

Police investigators work at a crime scene in Beverly Hills on Friday

Police say they suffered their wounds after the security guard shot at the three men as they left the scene of the robbery.

TMZ reports the security guard was found under a Range Rover near the shooting site with a wound in his chest. Police have confirmed that he is a retired member of law enforcement.

None of the people identified in the shooting - victims or suspects - have been publicly identified. 

Detectives told the LA Times that one operating theory is that the suspects are serial robbers who have been plaguing the area for the last year.

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

Two unidentified women hug after running behind a departing Los Angeles County Medical Examiner-Coroner van carrying a body recovered from the crime scene

Police recovered a handgun from the Audi following the arrest, but it wasn't clear if there were other stolen items in the car. 

According to NBC Los Angeles, property records show the shooting happened at a home owned by Saghian, the founder and CEO of Fashion Nova.

A representative from the company couldn't be reached for comment, according to NBC News. 

He purchased the home several years ago for $17.5 million. The previous owner was the late DJ, Avicii.

When officers responded to the shooting reports, they came upon three victims

Blue Jay Way is part of The Bird Streets neighborhood in West Hollywood, known to be a home for many celebrities in Los Angeles 

Violent crime, including gun violence and homicides, are on the rise in Los Angeles this year

Blue Jay Way is part of The Bird Streets neighborhood in West Hollywood, known to be a home for many celebrities in Los Angeles.

It was an inspiration for a George Harrison-penned track on The Beatles' 'Magical Mystery Tour' album. 

Leonardo DiCaprio, Matthew Perry, Tobey Maguire and Jodie Foster are among the celebrities in the neighborhood, says Ernie Carswell & Associates. 

Saghian's company, Fashion Nova, is known for their popularity on social media platforms such as Instagram.

The fashion brand counts Cardi B, Megan Thee Stallion and Kylie Jenner among its fans and collaborators.

It's not clear how much Saghian is worth, but according to Market Realist, some sites put his net worth around $50 million. 

Los Angeles County Coroner checks the inside of a tent covering a body

Los Angeles Police investigators use a 3D scanner at crime scene in Beverly Hills on Friday

Violent crime, including gun violence and homicides, are on the rise in Los Angeles this year.

On Tuesday, Los Angeles Police Chief Michel Moore told the Police Commission that there has been a 50 percent increase in shooting victims from a year ago.

At that time, 651 people had been shot this year, compared to 434 at the same time last year, with the city averaging 27 shooting victims per week.

Violent crime in the city is up 4.3 percent, though robberies are one of the major crimes that were seeing a decrease.

There have been 162 homicides in Los Angeles this year through Tuesday, according to ABC 7.