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Hostage standoff over in Valparaiso, Ind., gunman shoots self, police say

Police responded to the scene of a hostage situation in Valparaiso, Ind., Friday, May 25, 2012. CBS Chicago

(CBS) VALPARAISO, Ind. - A gunman who held hostages for nearly six hours Friday at a Valparaiso real-estate office shot himself in the head, ending the standoff, police said, according to CBS Chicago.

The unidentified gunman was listed in critical condition. As of 4 p.m. all the hostages were released, and none of them was seriously injured.

Earlier, police had swarmed the building where the gunman held hostages. The incident occurred at a Prudential Real Estate office on Friday morning.

Police received a 911 call from a worker inside about a man with a gun at the building at 10:30 a.m., Valparaiso police Sgt. Mike Grennes told WBBM Newsradio.

At a news conference around 2 p.m., Grennes said there were shots exchanged between the man and police at the beginning of the standoff. One woman did suffer a head injury the cause of which was unclear, and was treated at a local hospital and released.

Grennes said the dispute appeared to be over money between the gunman and somebody in the office.

Grennes said there fewer than 10 people were working when the suspect entered the building.

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