El Chapo Killed: Mexican Drug Lord, Joaquin Guzman, Believed Dead After Shootout

"El Chapo," the Mexican drug lord, who recently climbed to the top of America's "Public Enemy Number One" list after Osama Bin Laden, is believed to be dead, The Christian Science Monitor reported.

Authorities are investigating a shootout near the Mexican border to uncover if Mexican kingpin, Joaquin "El Chapo" Guzman, was among the men killed. 

In an interview with the Associated Press, Interior Minister, Mauricio Lopez Bonilla, said police and authorities are carrying out the investigation by foot and air on Friday and scouring the field where the gunfight occurred near the border in Peten province. 

Authorities announced news of their investigation on Thursday and said Guzman was possibly one of the two men who were killed. 

No bodies were recovered from the site, but authorities were notified of a confrontation was between two drug gangs, reported a government spokesperson to Guatevision Television. Peten was an area that's increasing in drug violence.

A spokeswoman told reporters that one of the victims resembled Guzman, according to The Monitor.

Guzman is a Mexican drug lord and head of the Sinaloa Cartel. The United States Department of the Treasury named him the most powerful drug trafficker in the world. It's estimated the cartel smuggles tons of cocaine from Colombia and through the Mexican border to the United States.  Currently, there is a $5 million reward for information about Guzman from the American government. The Mexican government is offering 30 million pesos for his capture.   

According to the Monitor, Sinaloa drug cartel's rival, the Zetas, killed ranchers in the Peten province before in 2011. Guzman has been hiding since his infamous escape in a laundry cart from a Mexico-based prison in 2001. 

His estimated fortune stands at $1 billion, according to Forbes, which makes the 10^th richest man in Mexico.