Vic was busted back in March for carrying a loaded gun after cops stopped him for running a stop sign in Beverly Hills.
It was originally reported he could face jail time over the incident, but he has now cut a plea deal to escape prison. Now, TMZ reports that Vic plead no contest and got sentenced with two years probation as a result.
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He was arrested and booked on a felony count of carrying a concealed weapon and subsequently another of carrying a loaded, unregistered handgun in his auto.
He could've gotten as much as 2 years in jail, but now he's free and clear if he pays $500. He also has to cover $1,325 in restitution. But with his debut album The Autobiography set to drop July 28, it's likely that coming up with the funds won't be a problem for the artist.