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Mike McQueary

I'm In Protective Custody,

Double Fisting Booze

11/11/2011 3:40 PM PST BY TMZ STAFF

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Mike McQueary has reportedly informed the Penn State football players that he's currently in protective custody and "double fisting" alcohol.

According to PennLive.com, one of the PSU coaches gathered several players in a room on campus and allowed McQueary to speak to the team via speaker phone.

McQueary reportedly told the team, "I wanted to let you guys know I'm not your coach anymore. I'm done.”

McQueary also told the team he's not at the University, but in protective custody after receiving several threats ... and "double fisting" booze.

McQueary was placed on administrative leave earlier today.

McQueary -- who's married with a 2-year-old daughter -- is the man who witnessed Jerry Sandusky allegedly rape a young boy back in 2002 ... but failed to stop the attack and didn't report the crime to the police.

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