According to a 50 Cent associate, has been arrested for the alleged robbery and assault of Slowbucks at Hot 97’s Summer Jam.

(Photo by Mike Coppola/Getty Images)

As we all know, the incident was caught on tape an has been all over the net since then.  AllHipHop is saying Mikey Fingers, an alleged member of 50’s entourage, is currently in jail for the chain-jacking and assault.

As I previously reported, some eyebrows were raised when Slow hired attorneys and approved of a legal investigation into the matter.  Some feel the rapper/fashion designer is breaking street code like concert promoter Mike Lighty.  In a tweet, which has since been taken down, Lighty accused Slow of snitching to the police.

Lighty tweeted, “#ShoutOut The coward @slowbucks For Snitching On the Homie Aka Tio #MikeyFingers!!!!!  These @slowbucks Cats talk about killing drugs and gangs But when the block Is flamming these be the same Cowards Snitching and pointing People Out… #Free my n—a #MikeyFingers!!!!”

Though Lighty’s tweets were directed at the wrong Twitter user, but Slowbucks got the message and responded via his Instagram page, denying he got authorities involved.

Slow posted, I [see] this #Snitching s— is getting outta hand… Da news #Conference y’all viewed was not about #PressingCharges or anything like that it was about #Brand #Management!”  He continued. “Da brand consultant was explaining Da case 2 a panel of P.R. In an attempt 2 try 2 pull some bread out 4 Da”SlowBucks” Brand.. However, the media will always show y’all what they want you 2 [see]. We not entertaining NO #Police @ all!! This is the last time I’m speaking on it…!!! #FACTS & Still #OE!”

As previously reported, at Slows press conference last Thursday (June 5), his civil attorney John P. Bostany of Bostany Law firm said they are considering legal action against any parties involved in the beat-down.

(Photo by Mike Coppola/Getty Images)

In other news, the Beastie Boys won $1.7 million in their copyright and false endorsement lawsuit against Monster Energy drink Thursday (June 5). The Associated Press is reporting after only one day of deliberations, a jury ruled that the beverage giant violated copyright law by using the iconic group's music in an online promotion that ran for five weeks.

Monster isn’t happy with the verdict and plans to appeal, but ironically admits they were wrong.  In their promotion, Monster used 4 Beastie Boys songs "Sabotage," "So What'cha Want," "Looking Down the Barrel of a Gun" and "Pass the Mic".  Their issue the verdict is the money.  Monster lawyer Reid Kahn told Rolling Stone, the company only owes the Beastie Boys $125,000.

Kahn claimed, "Although Monster Energy has great respect for the verdict of the jury, we strongly disagree with it.  We will make an application to the Court to set aside the verdict and we intend to file an appeal. From the inception, Monster Energy has been willing to resolve this matter in a fair and equitable manner and we will continue to make additional efforts to reach a just resolution of this dispute."

Not only did Monster use The Beastie Boys songs for their promotion, but they posted a 23-minute medley of the group's music on their website (available for download), pulled from a DJ set at a Monster-sponsored event in Canada, just days after Yauch's death.

(Photo by Ethan Miller/Getty Images)

Finally, Kevin Roper, a Georgia truck driver has been charged with causing a six-car pileup on the New Jersey Turnpike that left one person dead and four in critical condition, including Tracy Morgan.

According to CNN, prosecutors in Middlesex County have charged the trucker with one count of death by auto and four counts of assault by auto.

Police believed Roper was falling asleep at the wheel.  Authorities say because he dozed off, didn’t see traffic coming to a stop in front of his tractor-trailer until it was too late.  He then slammed into Tracy Morgans limo bus and in the process of flipping the stars bus, caused the six vehicle pileup.

In the meantime, listen to Tha Wire now for more details on all of the above. Plus, find out what celebs are celebrating birthdays today.