Former NBA star Gilbert Arenas had jokes after the FBI arrests of Trailblazers head coach Chauncey Billups and Heat guard Terry Rozier on Thursday morning as part of a years-long probe into illegal sports gambling and illegal poker games.

And those jokes led to a spat with “foul” ex-ESPNer Rachel Nichols.

During Thursday’s installment of the “Gil’s Arena” show, Arenas, clad in a No. 24 Huskies jersey, danced to the set carrying a brown paper bag labeled “Informant Lunch.”

Arenas was indicted on three federal charges on July 30 in connection with a federal indictment that alleges he hosted illegal high-stakes poker games at his mansion in Encino, Calif.

When his co-hosts asked about it, Arenas said, “Informant? Nah, nah, nah, this is lunch … This is my lunch, man. I didn’t get to eat

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