Boxing champion Devin Haney arrested for possession of a concealed weapon

• Undisputed lightweight champion released on $35,000 bond
• Haney's father, trainer and manager calls it misunderstanding'

Undisputed lightweight champion Devin Haney was arrested early on Thursday morning and charged with felony possession of a concealed weapon.

Haney, 24, was arrested shortly after midnight in Los Angeles and released on $35,000 bond several hours later, the celebrity news website TMZ reported, citing jail records. Haney, who has a record of 30 wins and no defeats, owns the WBC, WBO, WBA and IBF belts.