Friday, July 24, 2015
The three players arrested are Jacorey Williams, Dustin Thomas and starting point guard Anton Beard.
Here is an excerpt from Kentucky.com:
Fayetteville police said all three were seen on surveillance video using counterfeit $20 bills last Friday and Saturday. The complaint said Beard also exchanged six counterfeit $50 bills for three $100 bills.
The three were arrested on suspicion of forgery and face a Friday court hearing. They were being held Wednesday afternoon without bail.
Police said that the arrests were related to two-month investigation into counterfeit money. Police also said that after the players were detained, they said they didn’t know the money was fake.
First-degree forgery charges are Class B felonies in Arkansas and can carry a prison sentence of five to 20 years.
The Razorback Athletic Department released the following statement on Wednesday:
"We have become aware of a pending legal issue involving three men's basketball student-athletes. The student-athletes have been suspended indefinitely from the men's basketball program. Our continued expectation is that our student-athletes conduct themselves in an appropriate manner at all times."
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