Alex Galchenyuk arrested on a number of very serious charges

UPDATE: This just in from Katie Strang of The Atheltic, Galchenyuk was arrested this past weekend on a number of charges including private property hit and run, disorderly conduct, failure to obey, resisting arrest, Threatening or Intimidating.

It was reported earlier in the day that Galchenyuk's contract had been terminated just 12 days after signing due to an 'off ice incident' and that the Coyotes would not offer any further explanation as to why. Well... we've got a pretty good idea of why now.

Read below for our earlier report on this developing story.

The Arizona Coyotes have terminated the contract of veteran NHL forward Alex Galchenyuk... just 12 days after signing it themselves.

In a cryptic message to social media the team has said it will have 'no further comment' on the transaction.

ESPN insider Greg Wyshynski reports that Galchenyuk's contract is being terminated after an 'off ice incident'.

Galchenyuk was re-acquired by the Coyotes on the opening day of free agency after failing to come to terms with the Nashville Predators, who received him in their salary cap dump trade featuring Ryan Johansen. Now Galchenyuk hits the open market as a free agent yet again, but you have to wonder if this is the end for the former 3rd overall pick.

Clearly there's something fishy going on with Galchenyuk given the Coyotes' statement, but we can only speculate as to what's happening behind the scenes. It's not exactly a secret though that Galchenyuk has bounced around the league over the course of his career. In fact, the 29 year old has played for seven NHL teams in his career, and has failed to remain on any team's roster for more than a season in the past five years. This guy bounces around more than a ping pong ball...

You have to imagine that his NHL chances are now all used up. The former 3rd overall pick is now likely destined for an early retirement or pro hockey across the pond in Europe.