THOUSANDS of pounds has been raised in memory of a man who was fatally stabbed on Valentine's Day in Reading.

Shortly before 1am on Sunday, February 14, police were called to Managua Close in Caversham.

A man, aged 24, was found with a stab wound to his chest and died at the scene.

National media reports have identified the victim as Yannick Cupido.

Police have been unable to officially confirm the victim's identity.

READ ALSO: Caversham stabbing victim named

A GoFundMe page has been set up called 'Justice for Yannick' and has raised £2,246 of a £5,000 target.

The fundraising page explained: "The local community, are trying to raise money due to a local friend sadly losing his life due to knife crime.

"Nobody deserves to lose their life in this way, however Yannick was such a kind-hearted boy and was way too young to pass.

"He had a long life ahead of him and now it has been taken away so tragically."

It continued: "He was such a caring, genuine young man who brought such laughter and joy to everyone he came around."

The page added: "We cannot bare to imagine what his family are enduring at this extremely sad and vulnerable time.

"KNIFE CRIME needs to be STOPPED."

Thames Valley Police have arrested a 22-year-old in connection with the investigation.

READ ALSO: Caversham murder investigation - arrest made

Police said the man has been arrested on suspicion of perverting the course of justice. He is currently in police custody.

Anyone with information is asked to contact police on 101 with reference 43210062322.