Cameron Douglas Arrested

Cameron Douglas, the son of actor Michael Douglas is in trouble with the law again.

Law enforcement sources told Fox 5 News that the 30 year old spent part of last week at the Metropolitan Correctional Center in Lower Manhattan after being arrested by federal agents on felony drug dealing charges involving methamphetamine.

The bust took place at the upscale Hotel Gansevoort in Manhattan.

The sources say he was placed on suicide watch, and that his name was on the federal inmate locator list on Friday, but was not on the list Monday.

Cameron Douglas dropped out of school at the age of 17.  In 2003 he appeared in the film “It Runs In The Family” with his famous father, Michael, and grandfather Kirk.

In February, Douglas told a British newspaper that his stepmother, Catherine Zeta-Jones became a positive influence in his life and helped him re-connect with his famous father

His previous arrest in 2007 for cocaine possesion could spell even more trouble if he's found guilty of federal offenses on the current arrest.