Young Buck was sentenced Friday (July 13) to three years in prison after being convicted on weapons charges.

The conviction stems from an arrest for possessing weapons despite being a convicted felon.

MSNBC reports that the judge in the case sentenced Buck to serve his two counts concurrently, so he will spend 18 months in jail.

“With the judge not considering my history to subtract some time, I’m just thankful for what time I do have,” said Buck of the matter.

In addition to the jail time, numerous pieces of gold and diamond jewelry owned by Buck will be auctioned by the IRS on July 26. “I’ve had some rough times. I’ve been fighting the bankruptcy situation, and there were some court situations,” said the rapper.

An inventory of the auction items can be viewed here.

RELATED: 50 Cent On Young Buck: “Don’t Bite The Hand That Feeds You”