The son of actor Michael Douglas was arrested in New York for possessing a massive amount of crystal meth with intent to distribute it, law enforcement sources said this evening.

Cameron Douglas, 30, was busted on July 28 at the Gansevoort Hotel by a DEA task force, the sources said.

The bust stemmed from an undercover operation that determined Douglas had allegedly had a half-a-pound of the drug.

The drug sells for approximately $80 a gram, meaning Douglas had dealt a little more than $18,000 worth of the substance.