FAYETTEVILLE - The future of Jacksonville Jaguars wide receiver Matt Jones is in question after the former Arkansas star was arrested for felony possession of a controlled substance early Thursday morning.

Jones has played for the Jaguars the past three seasons. According to a police report, he was arrested after Fayetteville officers observed him cutting cocaine with a credit card in a parked SUV near Dickson Street. Jones, 25, was taken into custody, booked into the Washington County Jail at 4:11 a.m. and later released on $2,500 bond.

Jones has an arraignment date set for Aug. 11.

Two others in the vehicle were arrested with Jones, including one of his Arkansas teammates, tight end Jared Hicks.

Hicks, 25, and Benjamin Cook, 26, were in the front seat and arrested for misdemeanor possession of drug paraphernalia.

According to the report, the arrests occurred after police noticed several people sitting in a Toyota 4Runner in an unlit parking lot behind 313 W. Dickson Street at 12:41 a.m. Thursday. When they approached the vehicle, one officer reported he saw Jones in the back seat with a "white card with white powdery substance" in his lap. He was using a credit card to "chop up and scrape the powder."

The officer ordered Jones to put his hands where he could see them. Initially, Jones did not comply. According to the report, the officer drew his weapon and ordered Jones out of the vehicle.

Jones was placed in handcuffs and when asked if the substance was cocaine responded "yes." Six grams of cocaine were found.

In addition, officers found a black bag with a jar with possible marijuana residue inside that belonged to Cook. Hicks had a straw with "white powdery residue" behind his ear.

Former Arkansas coach Houston Nutt said Thursday evening that he was "very surprised" and "very saddened" when he heard about Jones, who starred as a quarterback for him.

The felony drug arrest is a black mark for Jones, an athlete lauded in the state as a sports hero and role model throughout his collegiate and professional career. News of his arrest caught several former teammates off guard Thursday.

"I'm shocked," former Arkansas linebacker Tony Bua said. "I thought people were playing a joke on me when they told me."

Jones, who was the centerpiece of Arkansas' offense from 2001-04, rushed for 2,535 yards and scored 24 touchdowns in his career. He also threw for 5,857 yards and 53 more scores.

The success helped him become the Jaguars' first-round pick in the 2005 NFL Draft. Jones, who converted to receiver, has 101 catches for 1,392 yards and 13 touchdowns in his NFL career.

But Jones is coming off a tumultuous 2007 season. He and Jacksonville coach Jack Del Rio were at odds about playing time and Jones' commitment, raising questions about his future. In August of 2005, Jones signed a five-year, $8.45 million contract with the team.

The Jaguars also added depth to their receiving corps in the offseason by signing free agent Jerry Porter and acquiring Troy Williamson through a trade. Jones was expected to compete for a spot on the roster when training camp begins later this month.

Jacksonville was aware of Jones' arrest Thursday.

"We're trying to investigate that now," Jaguars owner Wayne Weaver told The Associated Press. "We don't have all the facts. We will comment on that once we have all the facts."