Yesterday (January 28), rapper Cory Gunz, born Peter Pankey, Jr., was arrested with a loaded firearm, according to his father, rapper Peter Gunz.

The veteran rhymeslinger told MTV News that his son was arrested at around 2 p.m. in his native Bronx when police found a loaded gun in his bag. The Young Money MC was initially brought to the 43rd Precinct in the Bronx, but has since been moved to Central Booking, on E. 161st Street in the Bronx, according to the report.

"I spoke to the arresting officer, and so far, what I'm hearing from him is that they got a phone call at the station saying they should 'look out'," the elder Gunz told MTV News. "According to [the officer], they didn't know he was Cory Gunz. They just saw a bunch of kids following him around. What I will say is that the officer that arrested Cory actually happened to be a cool dude. After arresting Cory, sitting down with him and talking, he felt bad about the situation."

Peter Gunz also claimed that it was "definitely an illegal search" that resulted in the 24-year-old's arrest.

Though there is no word yet as to whether the gun was registered legally, if it were not, Cory would facing time behind bars if convicted. In New York, if an individual is found guilty of illegally carrying a loaded firearm, there is a mandatory minimum sentence of three and a half years in prison. There has been some controversy surrounding the legislation since 2006, when the law was changed.

"Basically, the old law required someone to have a loaded weapon and intend to use it [before] the mandatory minimum would kick in," attorney Scott Leemon told MTV News back in 2009. "And basically, what they did is they took that out of the law. So the mere possession of a loaded weapon in New York State is a felony."

In recent years, some high-profile cases linked to the mandatory minimum have made headlines—most notably surrounding Lil Wayne and football star Plaxico Burress, each of whom were facing the three and a half years behind bars if found guilty, but opted for plea agreements.

"To go to a precinct and see your son, your junior, in handcuffs, it's heartbreaking," Gunz said. "Anytime you see your child in jail, in the cell, in handcuffs, it's very hard. He's walked down some of the same paths that I walked down, but you never want to see your kids go through what you went through."

This was the former XXL Freshman's first arrest.

Stay tuned as more details become available. —Adam Fleischer