WoW: Gucci Mane Facing Possible 20-Year Prison Sentence & $500K Fine After Being Indicted On Federal Gun Charges. Gets Dropped From Atlantic Records

Spotted at CNN            Gucci Mane has been indicted on two federal charges of being a felon in possession of a gun. The U.S. Attorneys Office for the Northern District of Georgia alleges Gucci, real name Radric Davis, brandished a handgun and threatened police on two occasions in September. The charges were handed down Tuesday

           (December 3). Federal prosecutors released a press statement detailing the incidents that led to the indictment. "On September 12, 2013, Davis, who was a felon at the time, was found in possession of a firearm. Then, just two days later, on September 14th, he again possessed a firearm different from the earlier gun. On both occasions, Davis displayed the loaded firearm, acted erratically, and made threats to individuals, including police and his attorney."

                 Atlantic Records has reportedly dropped the 1017 Brick Squad CEO as well. Each charge of being a felon in possession of a firearm carries a maximum sentence of up to 10 years in prison and a fine of up to $250,000. "This is how people get hurt, and we are committed to ensuring that convicted felons not have guns," U.S. Attorney Sally Quillian Yates said in a press release.

             As we previously reported, the rapper was ordered to surrender his 40 caliber Glock, 45 caliber Taurus and ammunition. Gucci has been arrested at least once a year since 2009 on various charges ranging from assault to possession of illegal drugs. Atlanta Police Chief George Turner said in a statement, "We cannot tolerate convicted felons ignoring the law by carrying firearms and endangering our citizens."