Police in San Juan said Camacho -- winner of super lightweight, lightweight and junior welterweight world titles in the 1980 -- was severely injured and a companion killed while they were sitting in a car near a shopping center in San Juan, Puerto Rico newspaper Primera Hora reported.
Authorities said one or two men got out of a sports utility vehicle, walked over to the parked car and opened fire, killing a man identified as Alberto Mojica Yamil Moreno and seriously wounding Camacho, 50.
Ernesto Torres, director of the Rio Piedras Medical Center, told newspaper the ex-boxer was shot in the neck and had lost significant amounts of blood.
Torres said an update on Camacho's prognosis would be issued Wednesday.