Bobby Shmurda Is Out on Bail and Suing the NYPD

Update: Bobby Shmurda may not be out after all -- FADER reports a confirmation from Shmurda's attorney Alex Spiro that, contrary to the Daily News' claims, the rapper is still being held in protective custody "for the forseeable future." New York rapper Bobby Shmurda has been released on bail after being arrested in…