Prosecutors and attorneys for Gilbert Arenas were in plea negotiations this week that could have Arenas in court on gun charges as soon as Thursday, according to law enforcement sources.

The two sources, speaking on condition of anonymity because the talks are ongoing, stressed that the negotiations could collapse.

The sources said it was unclear whether the plea agreement would set Arenas's punishment as probation, community service, a fine or some combination. But the negotiations would ensure that Arenas would not go to jail, one of the sources said.