A stun grenade was thrown Tuesday night on Hatsivoni Street in Ashdod, alarming residents in the largely Charedi neighborhood.

Locals reported hearing a loud blast and called emergency services to the scene.

Magen David Adom teams who arrived determined that the object was a stun grenade thrown in the area. No injuries were reported, and nobody required medical treatment or evacuation.

Police launched an investigation into the incident and are examining whether it may be tied to a financial dispute.

According to investigators, no determination of a motive has been established, but law enforcement is considering possible retaliation against a local businessman.

No arrests had been announced as of Wednesday.

The incident shocked many local residents, who said violent events of this kind are rare in the neighborhood.

“It happened here, inside our neighborhood,” one resident said. “And it is frightening.”

The investigation remains ongoing.