Tahj Rasheed Parker, 23, was located in Burlington and taken into custody by Burlington police.
Parker is charged in the death of Michael Andre Webster.
Madison police were called to the 400 block of Mayo Street at 6:17 p.m. Friday in reference to the incident. Upon arrival, they found Webster with at least one stab wound to the upper torso.
He was taken to a local hospital and later died.
Parker has been placed in the Alamance County jail under a $1 million secured bond. He is scheduled to appear in Rockingham County District Court on Aug. 7.