Paris Hilton is at it again. She got arrested on the Las Vegas strip a little before midnight on Friday night for possession of cocaine found in her purse. And her boyfriend Cy Waits was booked on charges on DUI.

Paris Hilton & Cy Waits

Paris was released on her own recognizance shortly after her arrest and has insisted that the purse was not hers. She hired powerful Vegas lawyer David Chesnoff to handle the case … and he already got her sprung without posting bail.

Hilton was arrested this summer after the Brazil-Netherlands World Cup match in Port Elizabeth, South Africa, on suspicion of possession of marijuana. Paris used the “the-drugs-weren’t-mine” defense and no charges were filed against her, with the case dropped at a midnight court hearing.

It was smoke wafting from a Cadillac Escalade on the Las Vegas Strip that set off Paris Hilton’s latest legal troubles when a motorcycle officer , suspecting that the smell was marijuana, stopped the vehicle.  As more police arrived and a crowd started to gather on the busy neon-lit strip, Hilton asked  to go into the Wynn resort for privacy. As the 29-year-old socialite was pulling out a tube of lip balm, a bindle of cocaine in a plastic bag dropped out of her purse in plain view of police in the room. This time, the hotel heiress was with her boyfriend, Las Vegas nightclub mogul Cy Waits, who manages a club inside the Wynn Las Vegas and was driving the black SUV that the officer stopped nearby at 11:22 p.m. Friday.

The cocaine was a “small amount,” or a package of the size usually associated with personal use. Police would not specify the weight of the cocaine or whether any marijuana was confiscated.

Hilton was arrested on suspicion of felony cocaine possession. If convicted of the low-grade felony, she would get probation, but any violation of that probation would be punishable by up to one to four years in Nevada state prison.

Paris Hilton arrested for cocaine possession - Photo from TMZ.com

Waits, 34, was arrested on suspicion of misdemeanor driving under the influence of alcohol or drugs. Misdemeanors are punishable by up to a year in county jail. Police said he owned the 2009 Cadillac.

Hilton and Waits were booked into the Clark County jail, where Hilton was kept handcuffed on a booking room bench, fingerprinted, photographed and released without bail about 2:45 a.m. Saturday.

Waits’ lawyer, Richard Schonfeld, said Waits posted $2,000 bail Saturday. Waits was released Saturday afternoon.

Hilton’s attorney, David Chesnoff, told The Associated Press on Saturday morning that he was still gathering facts about the arrest.

“This matter will be dealt with in the courts not in the media and I encourage people not to rush to judgment until all of the facts have been dealt with in a court of law,” Chesnoff said later in a statement. “There will be no interviews and no more comments at this time.”

Court dates for Hilton and Waits were not immediately available. Clark County District Attorney David Roger declined to comment Saturday about the case.

Cy Waits and his twin brother Jesse are fixtures in the Vegas night life scene. The brothers are managing partners of the Tryst Nightclub inside the Las Vegas Wynn, Drai’s at Bill’s Gamblin’ Hall & Saloon, and XS The Nightclub at Wynn Encore Resort. Cy and the clubs have received numerous awards and accolades, one might call him a night club mogul! Clearly Waits has a eye for business and the night life party scene, no wonder Paris was attracted to him. Cy is a California born and raised guy who has worked hard to earn the amazing reputation that he has in the ritzy night club industry.

Tryst Nightclub

Drai's Hollywood's The Private Lounge

XS Nightclub at Wynn Encore Resort

It certainly doesn’t seem like Cy Waits, Paris Hilton’s boyfriend, is using her to gain fame. Nope this guy has his own claim to fame and famous people if you will. What is such a clearly smart man is doing with the likes of Paris Hilton.

Earlier this week, Hilton was in the news when 31-year-old Nathan Lee Parada allegedly tried to break into her Los Angeles home.  It was Cy Waits who got knife wielding intruder Nathan Lee Parada to drop the two knives during the awful incident at Paris’s house. According to the NY Daily News and multiple other sources, Waits pulled a gun on Parada and got him to drop the knives. Nathan Lee Parada faces a felony burglary charge.

Hilton pleaded no contest in 2007 to alcohol-related reckless driving and was sentenced to 45 days in jail. After spending about 23 days in jail, Hilton told CNN host Larry King that the experience caused her to re-evaluate the role partying played in her life. She said she wanted “to help raise money for kids and for breast cancer and multiple sclerosis.”

What happened to her self-evaluation?