The 44 year old Launceston man wanted in relation to an alleged murder and wounding incident in Waverley last Thursday has been safely taken into custody a short time ago.

The man was taken into custody without incident during a police check of a Waverley property at 11.45pm last night.

Police investigations are continuing.

Media please note the time and location of a media interview with a Tasmania Police representative will be advised tomorrow morning after 8am.