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It is unknown at this time if the two men are connected to other jewelry thefts.
The shooting happened early Saturday evening at an independent jeweler in Las Vegas.
Terry Hagood allegedly never delivered $36,000 of jewelry parcels.
Seven robberies or attempts have been made in the last five weeks, while attempts have also been made in Ohio, Wisconsin, Georgia and Pennsylvania.
They were taken into custody in Tennessee but also are wanted in connection with thefts across Arkansas, Alabama and Mississippi.
Arieon Smith allegedly had a role in the March home invasion that resulted in the death of Gallerie Jewelers’ Ted Shaughnessy.
Manookian is the Tennessee attorney who was at the center of the diamond overgrading cases that roiled the industry a few years ago.
They include sticking to advertised opening and closing times and being wary when large groups enter the store.
National Jeweler

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Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.