Three Hogs arrested on suspicion of forgery

Three Arkansas basketball players were arrested Wednesday in connection with felony forgery.

Three Arkansas basketball players were arrested Wednesday in connection with felony forgery.

Anton Beard, Jacorey Williams and Dustin Thomas are being held at the Washington County jail without bail. Beard and Williams were booked just before 2 p.m. Wednesday, while Thomas was booked at 3:18 p.m.

The arrests stem from a two-month investigation into counterfeit money. According to an arrest report, all three were caught by surveillance cameras while using counterfeit bills at three different locations in Fayetteville last Friday and Saturday.

Beard and Thomas bought tobacco with counterfeit $20 bills, according to the report. Williams was also shown purchasing merchandise with a counterfeit $20 bill, according to the report.

Beard used four counterfeit $20 bills to make purchases at three different locations near the University of Arkansas campus, according to the report. Beard also exchanged six counterfeit $50 bills for three $100 bills at one of the locations.

All three were summoned to the Fayetteville Police Department on Wednesday and were cooperative, according to a release. All denied knowingly using counterfeit money.

According to a release, all three players have been indefinitely suspended from the basketball team.

“Our continued expectation is that our student-athletes conduct themselves in an appropriate manner at all times," read a statement, in part, from Razorbacks Athletics.

Beard, 19, is a rising sophomore and Williams, 21, is a senior on the Razorbacks' basketball team. Beard was an all-SEC freshman selection after starting 16 times and averaging 5.7 points per game last season.

Thomas, 19, transferred to Arkansas from Colorado during the off-season.

The arrests are the first for members of the Razorbacks' basketball team since Mike Anderson was hired as head coach in 2011.

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