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EXCLUSIVE: Ryan O'Neal Won't Bail Out Son

Apr. 8 2009, Published 11:15 a.m. ET

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Redmond O'Neil won't be dumping his jailhouse blues anytime soon. Redmond's dad Ryan won't be posting the $75,000 bail stemming from his drug possession arrest on Sunday, a source close to the O'Neil family tells RadarOnline.com.

"Redmond won't be leaving jail anytime soon. Redmond could remain in custody until his next court date on April 24th. His dad won't be bailing him out. There is no chance that Redmond's friends would be bailing him out either  as they don't have the financial capability to do so," the O'Neil family source says.

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RadarOnline.com has learned that Wednesday's status report hearing in Malibu will not occur after Redmond's attorney William Slattery notified the court of his latest arrest. The hearing was set to cover the charges stemming from Redmond's drug possession arrest last summer.

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