Jason Davis (Gummi Bear) Arrested on Cocaine Charge

It's been so long since our last Gummi Bear sighting.

Back then, he was just doing his thing - taking vacations even though he has no job, flipping off celeb gossip media, looking portly.

This weekend, however? Jason Davis was busted for cocaine.

The grandson of the late oil tycoon Marvin Davis and the brother of Brandon "Greasy Bear" Davis was stopped by LAPD traffic cops on Friday night.

Cops tell TMZ that they found a controlled substance on his person - and then arrested Gummi Bear and threw his ass in jail at around 7:30 p.m.

Jason "Gummi Bear" Davis makes Brandon "Greasy Bear" Davis look healthy.

Jason Davis was booked at 4 a.m. Law enforcement officers say he called a person he said was his stepfather who came at about 1:30 p.m. on Saturday and posted $10,000 bail. Hard to imagine where he came up with the cash.

Law enforcement sources later reported to the media that the controlled substance Jason Davis was busted with was, in fact, cocaine.

Poor Gummi Bear. Reports say the ursine specimen got popped by LAPD on Ventura Blvd. in Van Nuys, Calif., and is due back in court on March 10.