After being charged with burglary and grand theft, Vanilla Ice has been released from jail on a $6,000 bond.

The "Ice Ice Baby" rapper was accused of stealing items from a home in Florida. According to NBC News, The Vanilla Ice Project TV host told police that he was planning to buy the house that the items were allegedly taken from. Authorities didn't buy that, however, since he placed no down payment on the home and there was no paperwork to support his story.

The 47-year-old Texas native also claims he found the furniture on the curb and thought they were garbage. Some of the items Ice is accused of stealing include artwork, bicycles and furniture.

Ice was released from police custody yesterday (Feb. 19) and was greeted by a slew of reporters outside the jail. Once interviewed, he said his arrest was a "misunderstanding." "It was blown out of proportion," he revealed. "It's sad that good news doesn't travel this fast. It's just out of proportion and I wish you guys would focus on all the good things I've done. It'll all get cleared up, you'll see."

The vacant house Ice stole the items from was apparently foreclosed and the former owner said he's baffled why someone would take such rundown junk. "Whoever it is, why would you jeopardize going to jail for basically junk," said the former owner Jim Lovely. "It was just worthless furniture and some items, so it didn't make much sense. The house wasn't full of Picassos, so it wasn't a high-dollar heist, so it's just the principal of having to secure the place two and three times."

No word yet on how this will affect Ice's DIY reality show, The Vanilla Ice Project, but the network states an investigation is underway. "DIY Network has been made aware of this situation and is currently looking into the matter," the network said.

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