Michael Douglas arrives with Carey Mulligan and Susan Sarandon for the premiere of the film "Wall Street: MoneNever y Sleeps"

Michael Douglas arrives with Carey Mulligan and Susan Sarandon for the premiere of the film "Wall Street: MoneNever y Sleeps" in New York 

Michael Douglas and his ex-wife Diandra Douglas leave a Manhattan federal court

Michael Douglas and his ex-wife Diandra Douglas leave a Manhattan federal court after the sentencing of their son in New York

Michael Douglas' Son Busted in Meth Sting

The son of actor, Michael Douglas was arrested last month after being caught with rather a large amount of crystal methamphetamines that he intended to sell.

According to sources, Cameron Douglas was busted and the Gansevort Hotel in NYC during an undercover drug bust being conducted by the DEA. Upon the arrest Cameron was in possession of a 1/2 a pound of meth, which usually run $80 - $150 per gram. Cameron remains in custody. Considering Cameron was arrested in 2007 for cocaine possession, daddy must be so proud of this new endeavor.