Israel Police arrested a Palestinian man from East Jerusalem on Wednesday under suspicion that he intended to carry out an attack.
The suspect, a man in his twenties, was arrested close to the Shoresh junction near Jerusalem. Police said the suspect was pursued after receiving "established intelligence" on his intentions.
Route 1 was blocked for traffic during the pursuit.
The intelligence on the suspect's intentions came to the police from a man who works with him. The suspect allegedly argued with his coworker, and declared he was going to perform the attack.
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After the suspect's colleague called the police, the former was found near the Central Bus Station in south Tel Aviv. Police chased the suspect with the assistance of Shin Bet. He was detained and transferred to questioning by security forces.
Bomb squad police officers inspected the suspect's bag and ruled out the possibility that he was carrying an explosive charge.
On Monday, the Israeli army said a Palestinian stabbed a soldier in the West Bank city of Hebron, before being shot dead.
In a statement, the Israeli army said: "A terrorist tried to stab a soldier near the Cave of the Patriarchs, lightly wounding him. The soldier and additional forces on the scene responded with gunfire and neutralized the terrorist."
The incident took place near the Cave of Patriarchs. The Palestinian was identified as Muamar Arif al-Atrash, a 42-year-old father of seven.