Nick Young poked fun at his podcast co-host Gilbert Arenas after the latter's arrest on Wednesday for alleged involvement with an illegal gambling ring.The former Washington Wizards star reportedly hosted high-stakes poker at his Encino mansion in Los Angeles. Arenas is facing a 15-year imprisonment if convicted of all three crimes federal prosecutors are accusing him of.Young, who co-hosts “Gil’s Arena” with the embattled former NBA star, addressed the issue on Instagram. He had a hard time keeping a straight face as he poked fun at his friend.“Hey, it’s over, man. Stupid motherf**ker gone, man. They got him! … But don’t worry. Don’t worry about the show or nothing. Gilbert, don’t worry about Gil’s Arena. I got that now. We might as well change the show to Swaggy’s Arena in conjunction with Gilbert. We gonna put a little 'Gilbert' sign on the side. It’s still Swaggy’s Arena until you come back home. Once you get out, it’s back to you.” View this post on Instagram Instagram PostYoung added that Arenas should not be worried about going to prison, listing the comforts he would supposedly have if incarcerated. He also joked that he would readily snitch on Arenas if federal investigators questioned him.Young eventually urged authorities to release Arenas, which happened after a $50,000 bond was paid.Nick Young drags podcast co-host Kenyon Martin while trolling Gilbert Arenas over arrestNick Young said that if he were to take over as the main host of “Gil’s Arena,” he would have certain “demands” to run the show.“I probably don’t want Kenyon [Martin] on there, either. I’m tired of his s**t, too. … Take his a** to jail, too. Just take them all. Kenyon, you next! You going down too.”Arenas and Martin are two of the show’s more outspoken hosts. Young jokingly asked Martin to go to jail because he was tired of the times the former No. 1 pick “threatened” him on the show.Also read: "Snitching Gil coming soon": Gilbert Arenas sends cryptic message after becoming free following illegal gambling related arrest