(James Edward McGregor; photo provided by Carbon County Sheriff's Office)

RED LODGE – Thomas Schifferns was arrested Thursday morning at his home in Red Lodge for the murder of a homeless man who was reported missing Monday.

Schifferns is being held at the Yellowstone County jail on a $1 million bond, according to Carbon County Sheriff Josh McQuillan.

Schifferns is accused of shooting James Edward McGregor and then dragging him down into a ditch near a campground area off of Highway 212 on Monday.

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According to court documents, Schifferns said he killed McGregor because he was being “disrespectful and homeless.”

McQuillan said the suspect and victim had lived together at some point. Schifferns is know to law enforcement due to prior crimes.

Red Lodge schools were closed Thursday because Schifferns had not yet been arrested and he lives near the school.

The Yellowstone County SWAT team assisted in the arrest.

(1st Report, 9:45 a.m.) Authorities are investigating a murder south of Red Lodge.

Carbon County Sheriff Josh McQuillan said in a press release on Thursday morning that his office, with the assistance of the Montana Division of Criminal Investigation and the Red Lodge Police Department, are conducting an investigation related to a homicide that happened south of Red Lodge along Highway 212.

“As a precautionary measure, Red Lodge schools were cancelled early Thursday morning,” the press release states. “A person of interest has been located and detained. There is no threat to the public at this time and the investigation is ongoing.”

McQuillan asked that people stay away from the area along Highway 212 south of the East Side road access points “so that the investigation can be completed in a timely and efficient manner.”

“The patience and cooperation of the general public is greatly appreciated during this time. More details will be released as time and opportunity avail themselves,” he said in the press release.

Authorities have not yet released the name of the victim, nor the person of interest.

We will update you when we get more information.