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Aaron Hernandez Cuffed By Cops, Cut By Pats

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Aaron Hernandez is in a heap of trouble. Photo by Jim Rogash/Getty Images.
Aaron Hernandez is in a heap of trouble. Photo by Jim Rogash/Getty Images.

Aaron Hernandez was arrested Wednesday morning at his home in North Attleborough, Mass. Shortly after, the Patriots released the tight end and issued the following statement:

"A young man was murdered last week and we extend our sympathies to the family and friends who mourn his loss. Words cannot express the disappointment we feel knowing that one of our players was arrested as a result of this investigation. We realize that law enforcement investigations into this matter are ongoing. We support their efforts and respect the process. At this time, we believe this transaction is simply the right thing to do."

In just over a week, Hernandez, 23, lost an endorsement deal with Muscle Milk and now he's lost his freedom. And Tim Tebow just became the favorite to become the starting tight end in New England when the season starts in September.

Hernandez was arrested in conjunction with the ongoing investigation into the murder of Odin Lloyd, who was discovered last Monday in an industrial clearing not far from Hernandez's home.

It is not yet clear on what charges Hernandez was arrested. It had been speculated last week that an arrest warrant with his name on it had been drafted in connection with obstruction of justice charges. Police were interested in seeing surveillance video from his home, but the security system there was reportedly destroyed, as was the cellphone Hernandez turned over to cops, according to published reports. Police were also said to be interested in why Hernandez hired a house cleaning service to scrub his home after Lloyd's body was discovered by a jogger.

Police have ruled Lloyd's death a homicide and he is believed to have been shot execution-style in the back of the head. Multiple reports have placed Lloyd and Hernandez together in the days prior to his shooting, and the two men are reported to have been linked socially.

Stick with football.com for more details as they emerge in this unfolding case.