Former Razorback quarterback Matt Jones in this photo taken early Thursday morning by police.

Former Arkansas quarterback Matt Jones was arrested by Fayetteville Police early Thursday morning and charged with possession of a controlled substance.

Our developing news story is available here.

Meanwhile, news of the arrest has already hit media in Jacksonville, Fla., where Jones plays football for the Jacksonville Jaguars.

From FirstCoastNews.com:

The Washington County Sheriff's Office says officers arrested Jones and two other men as they sat in a Toyota 4Runner in an unlit parking lot in a known drug area.

The preliminary arrest report shows an officer saw Jones sitting in the back seat of the car with a white card with a white powdery substance on it, and a credit card in his other hand.

The officer said he opened the door and asked Jones to "put his hands where he could see them."

Authorities say Jones didn't comply right away and hid his left hand. The officer drew his gun and ordered Jones out of the vehicle. Jones got out and the officer put him in handcuffs.

A second officer placed the other two men under arrest. They're identified as Benjamin Cook, 26, and Jared Hicks, 25.

Jones is charged with felony possession of a controlled substance. Cook and Hicks face misdemeanor charges of possession of drug paraphernalia.

More here from Jacksonville.com, including fan comments.

There's never a good time to get arrested for possession, but the timing seems particularly bad for Jones. His future with the Jaguars has been called into question throughout the offseason because of poor work ethic and the same "laid-back" attitude that drove Arkansas football fans crazy for so long.

Jones had 24 catches for 317 yards and four touchdowns in 2007. His physical tools have helped keep him in the league for three seasons, but his perceived lack of caring has caused problems for him in Jacksonville.

Former Arkansas tight end Jared Hicks was also arrested early Thursday morning. He was charged with possession of drug paraphernalia.

Hicks is scheduled for an August 8 hearing in Fayetteville District Court. His bond was set at $500.

You may view the police report from this morning's arrest by clicking here.

We're updating this story.