Word on the curb is that former NBA baller Allen “Money Bagz” Iverson lost his ride last night on the mean streets of Atlanta.

Iverson was riding around town in his silver 2009 Lamborghini when he was pulled over last night by Atlanta Police for riding with expired dealer tags.

According to TMZ, A.I.’s Lambo is now sitting in an Atlanta impound lot after authorities towed the whip and gave him a ticket.

Iverson didn’t seem to sweat the matter though. He merely cleared all of his belongings out of the Lambo and hopped into a friend’s Rolls-Royce, who so happened to be following behind him.

I’m so sick of all these “ballers” getting caught up in dumb sh*t! *sigh*

What’s so hard about registering your dayum vehicle?

In case you missed it:

Allen Iverson Buys $4.5 Million Atlanta Mansion [PHOTOS]