CLEVELAND -- A Cleveland business owner died Tuesday after being shot in the head at his check-cashing store near East 156th Street and Lakeshore Boulevard, reported NewsChannel5.

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Fatal Shooting At Check-Cashing Store

Police say that shortly before 9 a.m., two or more men reportedly ambushed Bill Singleton, owner of United Check Cashing, after he had parked his car and was heading into the store.

Gunfire was exchanged between Singleton and the other men. Singleton was shot in the head and one of the attackers was hit in the chest.

SLIDESHOW:Check Cashing Shooting

Both Singleton and the 17-year-old attacker, Rhyan Ikner, later died at Meridia Huron Road Hospital.

Police are still searching for one or more men who may also have been involved in the incident.

Ray Beverly, who manages the video store across the street, says he could have easily been killed like Singleton because he was just robbed at gunpoint Monday afternoon.

"He took me into the back room, wanted to know where the safe was, cracked me with his gun, broke my fillings," said Beverly. "He took me back to the adult room and told me to stay in there ... that if I came out, he was going to shoot me."

People in the neighborhood are scared and angry.

"It's not safe for any color, any race. It's not safe for nobody any more," said area resident Carolyn Johnson. "I got robbed on East 156th myself."

Meanwhile, Mike Polensek, the City Council member for that area, is also outraged.

"We have to say to that hoodlum element that you are not going to get away with what you are doing," he said. "We're going to track you down."

The bomb squad was called into the area Tuesday after investigators found a suspicious pipe at the scene.