IS JACOB THE JEWELER GOIN TO JAIL ?

Who knew selling watches and chains could be this dangerous...

The jeweler first introduced to the rap world by the Notorious B.I.G. has pleaded guilty to lying to federal investigators and now faces up to four years in prison. You may have heard about two years ago Jacob was caught up in an investigation involving Atlanta's BMF crew, which was ultimately taken down for drugs, guns and other charges.