Former drug kingpin Freeway Ricky was arrested over the weekend after he was caught carrying over $100,000, according to the authorities.

The 55-year-old was charged with suspicion of possessing drug money & suspicion of conspiring to commit a crime last week in the confines of the Emerald Triangle in California. The area is infamously known for it's mass marijuana production since the 1960's.

Freeway Ricky - who is no longer in custody - addressed the arrest with a Facebook post yesterday, calling it "another attempt to drag my name through the mud." He is currently touring the nation to promote his book, "The Untold Autobiography," after serving a lengthy prison sentence for selling cocaine to a police informant back in '96.

Freeway's manager, Tiffany Gaines, spoke to us exclusively and let us know the charges have been dropped.

Source: NY Daily News| photo credit: Splash News