A man wanted over a central Auckland fatal shooting has been found dead in or near Taupō.

Police were searching for Hone Kay-Selwyn, 31, who they believed shot one person dead on Ponsonby Road on Sunday night.

A source confirmed the discovery of the body to RNZ.

It is not known how Hone Kay-Selwyn died.

The victim, who had been with a group of people at the time of the shooting, was found dead by police when they arrived at the scene, outside a bar.

Police said multiple shots were fired by another man who had earlier been refused entry to the bar.

More to come...