New Delhi, Oct. 23 -- Chauncey Billups, Portland Trail Blazers head coach, and Miami Heat guard Terry Rozier were arrested on Thursday (October 23) in a sweeping FBI gambling probe. The arrests, linked to separate illicit betting schemes, have shaken the NBA world just as the 2025-26 season began. With the FBI poised to share more details, the basketball community reels from the fallout. Here are the latest updates of the unfolding saga.

Chauncey Billups, 49, a 2024 Naismith Basketball Hall of Fame inductee, is a basketball icon. Drafted third overall in 1997, he earned the "Mr. Big Shot" nickname by guiding the Detroit Pistons to a 2004 NBA Finals victory over the Lakers, securing Finals MVP. A five-time All-Star from 2006-2010, Billups...