According to the police report, Carter was detained after police ran the license plate on a 2010 Lexus and found the car had a "warrant hit." After conducting a traffic stop, police arrested Carter and Alexis Harris, 22, for allegedly possessing less than two ounces of marijuana. The report stated that Carter had been driving but that Harris is the car's owner.
Carter was released from the Mansfield jail Wednesday morning on a pre-trial release, according to the jail's records.
"The university and the athletics department are aware of the arrest and are looking into details surrounding it." TCU spokeswoman Lisa Albert said. "In general, if a student is alleged to be in violation of the university's student code of conduct, they are afforded a disciplinary hearing to determine personal responsibility. Upon determination, the student may face consequences from the university, and possibly the football team, above and beyond any legal consequences the student might face."
After a breakout sophomore season in 2012, Carter was expected to be the Horned Frogs' top receiver last year.
Instead, he spent most of the season in the doghouse and finished without a touchdown catch after reeling in nine in his first two years. He was also granted a temporary leave of absence from the team in November.
Carter was not with the team during spring practice so that he could focus on academics.
The incident is the latest in a series of arrests of TCU players on drug-related charges.
In February, wide receiver LaDarius Brown, who tied for the team-lead in receptions last season, was kicked off the team after being arrested on suspicion of marijuana possession.
In February 2012, four players were arrested in a drug sting and dismissed from the team.