Smith has been suspended for Saturday's game against North Texas, and Arkansas coach Houston Nutt hasn't ruled out the possibility of extending the suspension beyond this week.
"Boy, right now the way I feel, yes," Nutt said Monday when asked if Smith could be suspended for more than one game.
"But again, I need to get the whole story and see exactly what happened. But my first off-the-cuff answer to you is (he'll) definitely (miss) this game and probably a few more."
Smith has been suspended indefinitely following his arrest Sunday afternoon for allegedly charging $96.34 on a credit card that was given to him by another individual.
The sophomore was charged with two felonies — forgery and theft by receiving. He spent Sunday night in the Washington County Jail, and he was released at 5 p.m. Monday after posting a $2,500 bond.
Smith has an arraignment hearing scheduled for Oct. 26.
"I can't believe you can be that stupid," Nutt said of Smith's actions. "... What's surprising is he comes from a great family, a great family. He doesn't need it, he doesn't need the money, he doesn't need anything like that financially.
"So that's what's so frustrating about that situation. It's hard to explain, kind of like his fumble."
Smith, Arkansas' third-leading rusher this season, fumbled toward the end of the first half of Saturday's 42-29 loss to then-No. 21 Kentucky. UK's Trevard Lindley picked up the fumble and returned it 66 yards for a momentum-changing touchdown.
Nutt said junior-college transfer Brandon Barnett will likely serve as the No. 3 running back against North Texas, and fullback Peyton Hillis is also an option.
Under Further Review
Arkansas will not face any punishment for former running backs coach Danny Nutt being in the coaches box during Saturday's loss to Kentucky, Southeastern Conference associate commissioner Charles Bloom said Monday.
"Nothing will happen based on what happened this past Saturday night," Bloom said.
Bloom said that Houston Nutt called SEC commissioner Mike Slive last week to ask if his brother could be in the coaches box as a spectator.
Slive wasn't able to get back to Nutt before the game, Bloom said. But Slive and Nutt are expected to talk this week about whether Danny Nutt can be a visitor in the coaches box.
"I think that's what remains to be determined," Bloom said.
Danny Nutt resigned before the start of the season because of recurring bleeding from his brain stem.
Arkansas running back Darren McFadden is the nation's leading rusher after three games, averaging 173.0 yards per game.
But the Heisman Trophy favorite said he hasn't even thought about the possibility of winning the nation's rushing title.
"To be honest with you, this is the first time I really heard about it," McFadden said Monday. "I haven't paid much attention to it right now. (I've) just been playing ball."
Despite McFadden's impressive numbers so far, some college football analysts have questioned whether the junior can win the Heisman Trophy this year if Arkansas continues to struggle.
"What is the trophy? Is it for the best player or is it for the best team?" Nutt said. "... It's about giving it to the best player, I think. That's what the Heisman Trophy stands for."
Arkansas will pay North Texas $425,000 for Saturday's game in Reynolds Razorback Stadium. That's the same amount that Troy University was paid for the Sept. 1 season opener against Arkansas, which the Razorbacks won 46-26.
Smith Could Face Longer Suspension
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