Wow. I’m not even sure how to react to this latest report. Get ready for some wild stuff.

It had recently been reported by several media outlets that Washington Wizards guard Gilbert Arenas had (unloaded) guns in his locker, but nothing actually happened with them and the only investigation revolved around why they were there at all.

But things just got a lot more nasty and complicated.

Peter Vecsey and David K. Li of the New York Post report:

Guess they’re still the Bullets at heart.

NBA all-star Gilbert Arenas and his Washing ton Wizards teammate Javaris Crittenton drew guns on each other in the team’s locker room during a Christmas Eve dispute over a gambling debt, The Post has learned.

League sources say the pistol-packing point guards had heaters at the ready inside the Verizon Center, the Washington, DC home of the Wizards — whose name was changed from the Bullets over gun- violence concerns.

It was the three-time all-star Arenas, 27, who went for his gun first, sources said, drawing on the 22-year-old Crittenton, who quickly brandished a firearm as well.

It was not clear whether other teammates saw the shocking standoff, which happened on a practice day.

The duel in DC — unprecedented in sports history — was sparked when Crittenton became enraged at the veteran guard for refusing to make good on a gambling debt, a source said.

“I’m not your punk!” Crittenton shouted at Arenas, according to a league source close to the Wizards.

That prompted Arenas to draw on Crittenton, who then also grabbed for a gun, league security sources said.

To follow this story as it develops, read the InsideHoops.com NBA rumors page each day (as you should be doing anyway).

Read fan reaction and discuss your own opinion in this forum topic.