Ralo Will Have To Forfeit Many Apartments, Homes & Cars If Convicted On Drug Charges

Ralo is now facing four Federal counts of possession with intent to distribute marijuana after he was caught shipping 1000 pounds of weed by private plane from Cali to his hometown of Atlanta.

According to the criminal complaint filed against him, he was selling the weed and other contraband out an Atlanta apartment building he owned, dubbed "Ralo's Hood."

If Ralo is convicted of any of the counts, he will lose Ralo's Hood and a lot more.

According to Ralo's federal grand jury indictment, if he is found guilty he will have to turn over the 20 units of apartments he owns in Atlanta plus five other properties. He will also forfeit nine cars, two guns and an undisclosed amount of cash.

Ralo was denied bail at his first hearing but will get another shot at a bond next week.

Ralo's record label Famerica -- which is also the alleged name of his criminal enterprise -- issued a statement on his status.

"Ralo will continue to work to be the best artist and entertainer and community leader that he is," the statement read. "We hope that he will soon be released to complete his current show schedule and get back to work with compliance to any restrictions implied."