'Pawn Stars' Personality Austin 'Chumlee' Russell Reportedly Takes Plea Deal After Being Arrested on Drug and

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Austin Lee Russell, who goes by Chumlee on A&E's Pawn Stars, apparently agreed to a plea deal on Monday after drugs and weapons were found in his Las Vegas home when police raided the residence in March.

The 33-year-old reality star is to plead guilty to one count of attempted possession of a controlled substance, the Las Vegas Review Journal reports. In exchange for avoiding jail time, he will attend counseling and serve three years probation. If Russell takes the deal, the additional felony weapon charge will be withdrawn and he will have to surrender the weapons and drugs found at his home, according to the report.

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Per the arrest records, investigators allegedly found five ounces of marijuana, a small amount of methamphetamine, and 12 guns -- including handguns, hunting rifles and assault-style rifles – at Russell's property. Four of the guns were reportedly registered to the reality star.

According to police, the arrest was made when officers were executing a search warrant at Russell's home as part of a sexual assault investigation. He was not booked on any sex crime allegations, and was released on $62,000 bail.

Russell is due back in court on June 1 to enter his pleas, ABC News reports.

WATCH: 12 Guns, Marijuana and Meth Found in Austin 'Chumlee' Russell's Home When Arrested, Police Say