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At 2:15 this afternoon a person alleged to have a gun was shot by UC Berkeley Police in the computer lab of the school's Haas Business School, according to UC Police Officer Alex Yao. The victim's name has not been released. Yao said at a 3:15 press conference that he is now being transported to Highland Hospital.  

Kaulin Krebs, 24, a junior at UC, said he was just going into the lab when he heard what sounded like about ten shots. Looking into the room, he heard someone say, "Drop to the ground, a guy has a gun," and saw about 15 of his fellow students crouched on the floor. He did not see the person who was shot, but he said that it appeared to him that no one else had been shot, which was confirmed by Officer Yao.  

"All students and faculty have been evacuated," university spokesman Dan Mogulof said. "The suspect, who was brandishing a weapon, has been taken into custody."  

The shooting happened in a third-floor computer lab. 

Mogulof said an employee spotted what appeared to be a weapon in the suspect's bag and told a supervisor, who then contacted police. 

Haas School of Business spokesman Lyle Nevels said he was working on the fifth floor when he heard something was happening and headed downstairs to the computer lab.  

He said he saw the suspect, whom he described as a man in his 20s weighing about 180 pounds, sitting at a computer terminal. He said the man didn't look out of place in the lab. 

Nevels didn't see the shooting but said several police officers showed up at the computer lab and he heard at least one yell "Drop your gun, Drop your gun!" 

He said he then heard several shots fired. 

No more information has been released at this time, but in answer to questions at the press conference Yao said it was "an isolated incident" not necessarily connected to the Occupy Cal protest going on at the same time.