Knicks legend Charles Oakley has reportedly been arrested for cheating in a Las Vegas casino, according to TMZ.

Oakley was allegedly seen trying to pull back a $100 chip from a betting table in the Cosmopolitan casino after realizing he was going to lose. He was subsequently arrested and is now being charged with committing or attempting to commit a fraudulent act in a gaming establishment.

The casino is saying they have security footage of the 54-year-old trying to cheat. If convicted, Oakley could faced up to six years in prison.

"This is an insignificant matter that will be quickly resolved," a source close to Oakley said.

Last year, Oakley had a run-in with Madison Square Garden security where he was forcibly escorted out of the building during a Knicks game. He was later arrested after the exchange, in which he thinks occurred because of his public criticism of Knicks owner James Dolan.

Oakley has since accepted a deal to dismiss the misdemeanor assault and trespassing charges. He has, however, filed a lawsuit against Dolan and MSG where he says he was a victim of assault, battery, false imprisonment and slander.

The former 6-foot-8 big man has most recently become one of the faces of the Big 3 league, where he serves as a coach.

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