PROVIDENCE, R.I. (WPRI) — The Cadillac Lounge in Providence has been ordered to shut down by the Providence Board of Licenses for 72 hours after police say a deadly stabbing happened outside the club early Saturday morning.

“Were devastated by what’s happened, our heartfelt condolences go to the family of the victim,” said Dick Shappy, Owner of the Cadillac Lounge. “31 years in the business and this is the first time anything remotely close to this has happened, may be a sign of the times.”

“It is a terrible situation,” he added.

According to Major David Lapatin, police were called to 361 Charles Street — the address of the Cadillac Lounge — just before 1 a.m. for a report of a disturbance.

Around the same time, a 911 call came in saying there was a stabbing victim from outside the adult entertainment venue and was being taken to Rhode Island Hospital in a private vehicle.

Lapatin said the victim, only identified as a 26-year-old man from Fall River, was pronounced dead at the hospital.

According to police the victim and some friends, all from Fall River, at some point left the building.

“We’ve got good security at the club, but we don’t know what else to do when people leave the club,” said Shappy.

That’s when police said a group of three people followed them to the parking lot where one person confronted the victim and stabbed him.

That group of people left the scene in two cars, a white Jeep Cherokee and a gray Hyundai.

The Board of Licenses is expected to discuss the incident again at 12 p.m. on Tuesday.

The homicide remains under investigation.