A 46-year-old man has been charged with murder after a fatal shooting in Foxton.

The man will appear in Palmerston North District Court tomorrow.

The 47-year-old man, who was shot in the incident yesterday, died today in hospital.

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A scene examination is underway and is expected to continue overnight.

Yesterday, schools in Foxton were in lockdown after the alleged shooting.

Just after midday yesterday, Manawatū College principal Bruce McIntyre issued an "urgent notice'' online, telling the public that police had asked the school to go into lockdown because of an incident on Main St.

A worker at the Foxton Hammer Hardware said they were told a person had been shot.

He said, about 12.15pm, that police were at the back of their building.

He did not see or hear any gunshots, but said they had seen "the aftermath."

"We've seen the aftermath - it's directly behind us. Someone's got shot,'' he said.

"We're only hearing bits and pieces."

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He said the man shot had been taken in an ambulance about 10 minutes before.