Authorities have called off a search for a gunman reported loose near a suburban Houston elementary school, MyFOXHouston reported.

The incident led to the earlier lock down of Magnolia Elementary School and a shelter in place for two other schools in the city.

Police had set up a parameter around the neighborhood to catch the suspect, and searched every home, but he was nowhere to be found. Officials say the suspect might have jumped in a vehicle and fled.

Just before 6 a.m. Monday morning, police exchanged gunfire with a suspect after a reported carjacking attempt in Pearland, about 16 miles south of Houston. No one was injured in the shootout, but the suspect was able to escape on foot, MyFOXHouston.com reported.

About 150 elementary school students remained at the junior high school campus for the rest of the day. Another 400 students stayed home, a school district spokesman told MyFOXHouston.com.

The suspect was described as a black male with a tall, thin build. He was last seen wearing a dark colored hooded sweatshirt.

Click here for more on this story from MyFOXHouston.com.

The Associated Press contributed to this report.