This story, to borrow the favorite phrase of the siren-posting, plain text-scribbling, blogger antecedent Matt Drudge, is developing.

TheIndyChannel.com reports that Lakers forward Ron Artest is caught up in a welfare fraud investigation. According to the report, police raided the home of Latoya Holmes-Ivey, who claims no income and receives rent assistance from the government. However, Holmes-Ivey is Artest's sister, and authorities suspect she may have received financial assistance from her brother.

According to the Indianapolis Star, the executive director of the Indianapolis Housing Agency says Artest has not been accused of wrongdoing:

That excerpt is from the Huffington Post who linked to the original stories out of Indianapolis.  Artest himself has commented via Twitter.  Don Landrigan at With Malice will be following the story, as will Tetreaultvision.