According to MTVNews.com, the plea deal was reached this morning (Dec. 13) in a Manhattan courtroom, during when the Murder Inc. rapper plead guilty to attempted criminal possession of a weapon, a class D felony in the second degree.
If the Queens native had gone to trial and been found guilty, he could have faced up to seven years in jail. Now, he'll likely serve 16 months in prison followed by a year and a half of probation, reports MTV.
Ja Rule is expected to be sentenced in February 2011.
"Minor setback for a major comeback," he tweeted after reaching the deal.
Last year, Lil Wayne reached a plea deal in his case as well, and began serving his one-year sentence March of this year. He completed his time last month and is currently in probabion for another incident that took place in Arizona.