Rick Ross Released On Bond After Agreeing To Put Up His $5M Mansion

Ross was released on $2 million bond on Wednesday that included $1 million equity on two of his homes, a $500,000 surety bond and another $500,000 in cash.

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Rick Ross was finally released from jail a week after being arrested on assault and kidnapping charges. A Fayette County judge approved of his release on $2 million bond on Wednesday, July 1 after he made a difficult deal with the judge.

According to TMZ, the bond included $1 million equity on two of his homes, a $500,000 surety bond and and another $500,000 in cash. He also reportedly has to wear a GPS ankle monitor.

In addition to that, Ross' attorney promised his client would forfeit ownership of his $5 million Fayetteville property if he violated the conditions of his bond by threatening a witness or obstructing justice.


During the rapper's bond hearing, prosecutors reminded the judge how vicious Ross allegedly assaulted the victim, Jonathan Zamudio. They claimed that Ross dragged Zamudio into the guesthouse of the Fayetteville mansion and beat him repeatedly. Ross was also said pointing a gun on the victim's chest and threatening to gun blow him.

The prosecutors alleged Ross got angry after Zamudio who lives in the property invited his friends to the mansion to celebrate his birthday.

Ross was arrested on Wednesday, June 24. According to a statement in the arrest warrants, "The victim was then questioned under duress and forced to answer questions at gunpoint. The victim suffered two chipped teeth as well as serious jaw and neck injuries."

"The victim lost use of his jaw and is restricted to soft foods and liquid diet only as a result of not being able to chew food," the arrest warrants further stated.

© AceShowbiz.com

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