Gilbert Arenas pulls gun?

The report last week was that Gilbert brought weapons to the Verizon Center to hand them off to security so he could get them out of his house because of his young daughter. Seems like that was the line given to play damage control as this mornings New York Post claims the matter to be much more serious. Here is the excerpt:

NEW YORK -- Washington Wizards teammates Gilbert Arenas and Javaris Crittenton drew guns on each other during a Christmas Eve locker room argument over a gambling debt, according to The New York Post. Last week, the Wizards and Arenas acknowledged that Arenas had stored unloaded firearms in a container in his locker, and the NBA said it was looking into the situation. It was during that investigation that a confrontation between Arenas and Crittenton was revealed, according to a Yahoo! Sports report. The dispute stemmed from an unspecified disagreement, sources told Yahoo! Sports. Citing an anonymous source, the newspaper reported in Friday's edition, however, that the standoff was sparked when Crittenton became angry at Arenas for refusing to make good on a gambling debt. That prompted Arenas to draw on Crittenton, who then also grabbed for a gun, league security sources tell the Post.Asked by the Post about the confrontation, Arenas denied pulling a gun on Crittenton. "This is unprecedented in the history of sports," Billy Hunter, executive director of the Player's Association, told the Post. "I've never heard of players pulling guns on each other in a locker room." The Wizards said on the night of Dec. 24 that Arenas had stored unloaded firearms in a container in his locker at the arena and that the NBA was looking into the situation. On Tuesday, Washington, D.C. police said they were investigating a report that weapons were found inside a locker room at the Verizon Center. Now, the federal government is also involved. Ben Friedman, a spokesman for the US Attorney's Office in DC, told the Post "we're working with the Metropolitan Police Department on the investigation."

The league is looking into the matter as is DC Police. Regardless this surely has doomed the team for this season yet again. Suspensions are surely coming and the talk of possible "breach of contracts" are already in play meaning Gilbert's $111 million dollar contract could be washed out and away to sea. With all the latest talk about the "Big 3" being non existent on the court Ernie Grunfeld already stated that everyone on the team is trade bait including the Big 3. This drama is surely to set Ernie over the edge and you can count on movement as the trade deadline fast approaches. Of course this is all speculation but the NYT is firm in their stance on this story, I dont know what to think at this point Thanks Curse O' Les Boulez, appreciate you ruining this chapter in Wizards history...again

*UPDATE* From Washington Post Wiz beat writer Michael Lee reports he caught Gil after practice and this was said:

I grabbed Arenas after practice. He told me he is considering filing a lawsuit against the NY Post. "That's not the real story," he said.