UPDATED: CAMPBELL CO., Tenn. (WVLT) -- Police say they have their man after a bomb scare at a local Walgreens pharmacy.

According to our news partner, News Talk 98.7, James Wells, 40, has been arrested.

"He's been taken down to our station for further questioning at this time," said La Follette Police Chief James Lynch.

Authorities say Wells robbed the Walgreens on Jacksboro Pike around 3 p.m. Tuesday. They say he approached the pharmacy counter with a shoe box in hand.

"He said he had a bomb, lifted the lid, and kinda showed him his pipe that had a couple fuses running out of it, and he demanded money," said Gary Byrd, fire chief for La Follette.

He got cash, and got away on foot. His motive? "Apparently to obtain narcotics," said Lynch.

"He got into the woods somewhere," said Byrd.

La Follette Police called in reinforcements while they looked for the suspect. They had fire crews, the Knox County bomb squad, even FBI and ATF agents to assist.

"Everyone is safe, we evacuated the building when we first arrived on the scene until we could find out what type of device we had," said Lynch.

"It's getting scary," said Nora Green of Jacksboro.

"The drugs are getting out of control," said Lori Kearns, also of Jacksboro.

Traffic slowed on the busy Jacksboro Pike, while people looked on. "I think they are doing all they can, it's just an epidemic basically," said Kearns.

Residents say this Walgreens is just one local pharmacy hit by thieves looking for drugs.

"It's rampant, the drugs, it's terrible, it really is, it's terrible down here for drugs," said Green.

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CAMPBELL COUNTY, Tenn. (WVLT)-- LaFollette Police have caught the suspect in Tuesday afternoon's bomb scare at a local Walgreens.

LaFollette's Fire chief Gary Byrd told us that a man walked into the Walgreens on Jacksboro Pike carrying a shoebox. He put the shoebox on the counter and took off the top.

Inside there was a pipe with some wires coming out of it. Police say the man demanded the cash. Once he got the money the robber took off on foot.

Police say the bomb turned out to be a fake. The suspect was apparently after drugs, but he only got away with some cash.

Stay tuned to Volunteer TV and VolunteerTV.com for the latest on this developing situation.