*NBA star Gilbert Arenas has been charged with a felony gun violation after admitting he drew guns in the team locker room in a highly publicized December 21 incident.

Arenas was charged with one count of carrying a pistol without a license, according to court documents filed Thursday.  A hearing is scheduled for 2:30 p.m. Friday in Superior Court in Washington before Judge Robert E. Morin.

“We are aware of the charge filed against Gilbert Arenas today and will continue to follow the ongoing legal process very carefully,” the team said. “We will also cooperate fully with the proper authorities and the NBA.”

As press time, a basketball source familiar with the investigation said the Wizards have been informed that Arenas has reached a plea agreement with prosecutors, CNN reported. The team has been told by Arenas’ legal circle that the agreement does not involve jail time, the source said.

Arenas’ indefinite suspension remains in effect until a separate NBA investigation is complete and Commissioner David Stern reaches a decision, the source said. The league investigation, which had been on hold at the request of federal prosecutors, will now resume, the source said.