Malik Beasley of the Minnesota Timberwolves was arrested for marijuana possession and receiving and concealing stolen property on Saturday night, according to Shams Charania and Jon Krawczynski of The Athletic.

Beasley is being held without bail at Hennepin County Jail until he can see a judge, which could take a full day. Police have reportedly received previous trespassing complaints regarding Beasley’s home.

The Timberwolves released statement:

“We are aware of the situation involving Malik Beasley and are in the process of gathering information at this time.”

Malik Beasley's attorney gave this statement to The Athletic:

“At the time of the incident, multiple individuals were present at the residence. The allegations against Malik will be defended vigorously.”

The Timberwolves are currently holding a voluntary camp at their practice facility. Beasley participated in individual workouts in the first week, but was not with the team last week for group activities.

The 23-year-old Malik Beasley is set to hit restricted free agency when the offseason begins. After being acquired by Minnesota at February's trade deadline, Beasley played the best basketball of his career before the hiatus.

With newfound scoring opportunities that he didn't see in Denver behind Jamal Murray — and with Karl-Anthony Towns and D'Angelo Russell nursing injuries — Beasley caught fire after the change of scenery. He averaged 20.7 points on a scorching 42.6% from 3-point range on 8.2 attempts per game in 14 contests — a dramatic increase from the 7.4 points per game he put up through his first four-plus NBA seasons in Denver.

Malik Beasley's late-season performance seemingly boosted his price tag while simultaneously exciting the Timberwolves about his potential as a long-term third-banana alongside Towns (if he sticks around) and Russell.