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Glen Rice Jr. Arrest Video 'He Has a Ton of Cash' 'Wondering If He Robbed This Dude'

7/30/2016 12:55 AM PDT

Glen Rice Jr. Arrest Video: 'He Has a Ton of Cash', 'Wondering If He Robbed This Dude'

EXCLUSIVE

TMZ Sports has obtained police video from the moment Glen Rice Jr. was arrested this week -- and cops were so shocked by the amount of cash he had on him, they suspect he robbed somebody. 

We broke the story ... the ex-NBA player is accused of beating up another man in a grocery store parking lot and then running from the scene. 

When cops tracked Rice down -- they searched his backpack and found $2,700 in cash ... along with 6 cell phones. 

In the video, you can hear the cops talking about the money ... saying, "He has got a ton of cash. Tons of cash. I'm wondering if he robbed this dude. Mutual f***ing agreement that went bad."

Rice was initially booked for felony robbery, aggravated battery and marijuana possession -- but cops tell TMZ Sports officials are only moving forward with 2 charges ... aggravated battery and possession with intent to distribute.

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