UPDATE 7/17/15: According to TMZ, Thug made bail today and is now free while he's facing charges of terroristic threats, and felony weapons and drug violations. Thug's bail was set at $10,000. 

Things are now going from bad to worse for Young Thug, as he's reportedly been charged with drug and weapons violations following his arrest for terroristic threats yesterday. The news comes in after police executed a search of Thug's Atlanta home yesterday following the arrest earlier in the day. Police officials have yet to announce exactly what was found at Thug's residence during the search.

These new charges come in addition to an official indictment that names Thug and Birdman in a potential plot to kill Lil Wayne when his tour bus was shot up in Atlanta following a concert back in March. Thug is currently being held at the DeKalb County jail where he is awaiting his initial court appearance and bond hearing. We will continue to update this story when more information is released.