Chauncey Billups pleads not guilty to multiple charges stemming from illegal gambling arrest

Portland Trail Blazers head coach Chauncey Billups pleaded not guilty Monday to multiple charges stemming from his FBI arrest for illegal gambling, according to USA Today.

Billups, 49, was arraigned in a Brooklyn courthouse Monday, where he pleaded not guilty to charges of "wire fraud, conspiracy, and money laundering conspiracy," per USA Today.

Billups was originally arrested in October after his alleged involvement in an illegal gambling scheme. Shortly after his arrest, Billups was placed on leave indefinitely by the NBA. In his absence, Tiago Splitter was named the Trail Blazers' interim head coach.

This story will be updated.