Police say the incident took place in the area of Victoria Avenue and Angus Street shortly after 5 p.m.
Two suspects reportedly approached a 45-year-old man brandishing a bladed weapon, which police confirmed was a homemade sword.
Police say no one was injured during the altercation.
Both suspects were arrested and taken into custody.
Regina’s Travis Piapiot, 34, is facing charges that include assault with a weapon and possessing a weapon for a dangerous purpose.
The second suspect was arrested for public intoxication, but wasn’t charged, according to police.
Piapot appeared Monday in Regina provincial court.