Waka Flocka Flame and Gucci Mane were just spotted at Walmart doing some good for Toyz n’ Da Hood… and now THIS?? *sigh*

It’s being reported that the two have been involved in a police raid that involves prostitution and drugs and while Gucci has already been locked up, Waka Flocka is being sought as I type…

According to TMZ:

?a gaggle of cops raided rapper Waka Flocka Flame?s Georgia home this AM ? and Waka?s mom tells us, fellow rapper Gucci Mane is in cuffs and prostitution may be involved.

Sources in Henry County tell TMZ, cops are investigating possible prostitution.

Waka?s mom tells us, cops are also looking for evidence of gangs and drugs, though we have not been able to confirm this with law enforcement.

Our law enforcement sources say cops found marijuana and weapons.

According to neighbors, there are still four cop cars parked outside.

We?re told Waka (left) is not there ? and his mom tells us, if he doesn?t show up soon ? cops will issue an arrest warrant.

Story developing …

Prostitution? What the FLOCKA???

***Update: 12/16/10 3:10pm – Oh snap! A copy of the search warrant has been released.

According to the search warrant, which you can VIEW HERE (.pdf file), cops were searching for evidence of “marijuana, articles, pictures, and communications relating to gangs and gang paraphernalia.”

They ended up finding marijuana, prescription drugs, and two firearms. Waka wasn’t home at the time but Gucci Mane was handcuffed at the scene, but eventually freed.

Two other men in the house were arrested and charged with possession of less than an ounce of marijuana.

As for Waka, law enforcement confiscated the guns — a Kel-Tech .223 caliber sub gun, and a Taurus .40 caliber semi-automatic — as well as prescription drugs from his house. (source)