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Rick Ross's Arrest Is Costing Him Big Money

By HHL Editors

Getting arrested is bad for business. Diddy knows this, as his alcohol empire is now in jeopardy.

Fellow mogul Rick Ross's losses are more immediate.

The Bawse was denied bail earlier this week after being charged with pistol whipping and "kidnapping" a gardener who apparently did something to really piss him off.

Because he's in jail, the 39-year old is going to miss this weekend's BET awards. And that's going to cost him big.

Ross will lose at least $130,000 in club and party appearances. On top of that, he shelled out almost 100K to rent a mansion and a plane -- money he will likely forfeit.

The earliest the MMG boss can get out of jail is July 1, when he has his next court hearing.

All the more reason to keep your hands (and your guns) to yourself.

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