Nishnawbe-Aski Police were notified by Band Council on Monday about a barricaded man and a second injured individual.
Officers made contact with the man and were able to reach the victim.
The man was airlifted to Hospital in Winnipeg with 4-stab wounds.
Provincial Police and Negoitators were called in and the accused turned himself in on Tuesday morning without incident.
Police say Robert Anthony Rae has been charged with aggravated assault, uttering threats and breach of probation.