An Atlantic City officer is in critical condition and a suspect is dead after an early morning shootout yesterday.

Police say the shootout went down around 3:30 a.m. Saturday morning. Police were apparently stopping a car outside the Caesars Atlantic City casino; when cops got out of the car, they were allegedly ambushed by five men. "At this point I don't know what the reason for the initial stop was," Atlantic City police Chief Henry White told reporters. "But as the officers were getting out of the car, the males opened fire on our officers, striking one."

The officer was taken to AtlantiCare Regional Medical Center, where he went through surgery. He is currently listed in critical condition. One suspect is dead; police are still looking for the rest.

The NJ Cop Shot program is offering $20,000 to anyone with information leading to the arrest and conviction of the suspects. "Our hearts are heavy at this hour, but our resolve to captured these suspects remains undeterred," New Jersey State PBA President Patrick Colligan said in the statement. "We ask for prayers for the officer, his family, and the Atlantic City Police Department."

Update: New Jersey State Police have now arrested Martell Chisholm, 19, and Demetrius Cross, 28. The two suspects along with their slain companion, 25-year-old Jerome Damon, were allegedly attempting to rob three other men when cops came upon them.

Chisholm and Cross have been charged with two counts of attempted murder, three counts of robbery, two counts of conspiracy to commit robbery, two counts possession of a weapon for an unlawful purpose and two counts of conspiracy to commit possession of a firearm for an unlawful purpose.