A tired "Rick Ross" Released from ATL Jail after a week (PIC)

ARREST

Rapper Rick Ross is behind bars once again after being arrested for the second time this month ... and the situation seems way worse than a simple pot bust.  

The U.S. Marshals Service tells TMZ ... Ross was arrested Wednesday morning in Fayette County, Georgia and charged with kidnapping, aggravated assault, and aggravated battery.

The incident in question happened about two weeks ago, according to the Marshals, and it involved a confrontation between Ross and a man doing work at one of his homes (which was previously owned by Evander Holyfield).

Law enforcement sources tell us the assault charge is for a pistol-whipping, and the kidnapping charge is because the man was allegedly not allowed to leave the house.

Ross was picked up at his main residence, along with his bodyguard, and arrested without incident.

We're told the Marshals were contacted a couple of days ago by the Fayette County Sheriff's Department to assist in the arrest. The Marshals typically assist in high profile and dangerous warrants.

Since Ross travels a lot, the Marshals gathered information about his movements over the course of the past couple of days and decided Wednesday morning at his home was the safest time for the bust.

Two weeks ago, Ross was busted for misdemeanor possession of marijuana, also in Fayette County.

BET Awards WEEKEND

 Rick Ross has lost a lot more than his freedom after getting jailed for alleged kidnapping and assault ... we're talking a small fortune.

Turns out Ross had a HUGE weekend planned to celebrate the BET Awards.

According to our sources, Ross is losing out on all sorts of deals, including $80,000 for a party appearance and $50,000 for a club appearance.

He's also forfeiting some big money ... $30,000 for a private jet from ATL to LAX, and $60,000 for a mansion rental.

Ross is stuck behind bars until his next court date July 1.

COURT

Rick Ross finally has his day in court ... after sitting in a Georgia jail for 7 days.

Ross -- who's visibly tired -- didn't have the option of bailing out ... the judge has treated this as a no-bail case because the rapper faces kidnapping and aggravated assault charges over an altercation he had with a groundskeeper at his estate.

It appears Ross' lawyer is there to argue his client should be released on bail.

The alleged victim claims Ross pistol-whipped him, injuring his jaw and neck and chipping two teeth, and that the injuries were so bad, he's been forced to eat through a straw.

 BAIL

Rick Ross is  granted $5 million bail a week after his pistol-whipping incident. After spending the last week in jail for allegedly pistol-whipping his groundskeeper, Rick Ross appeared for his bail hearing this afternoon along with his bodyguard Nadrian James and was released after posting a hefty bail. The conditions: Ross will put up $2 million total -- $1 million equity from the ex-Holyfield mansion he owns as well as another property, a $500,000 surety bond, and $500k in cash.

His lawyer stated that he would forfeit "to Fayette County the Holyfield property... if he does anything to obstruct justice or intimidate any witness."

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The judge granted Ross' lawyers' request that his medical records be sealed. 

Watch the news wrap-ups below and stay tuned for more details as the story develops.