Yahoo! Sports released documents and bank records from former NBA agent Andy Miller and his agency, ASM Sports, as part of a federal investigation. Nittany Lions guard from 2012-15, D.J. Newbill, is named among 25 current and former Division I basketball players.

On a balance sheet dated December 31, 2015, the former Penn State basketball star is listed as receiving a loan of $2,000. In another document, it says that the loan was to be paid back July 2017. Newbill graduated in 2015, and it is unclear when exactly he received the loan.

“We take the information very seriously. As of right now, the university needs time to look into that story. Until we know more, I’m not going to comment further on that,” head coach Pat Chambers said during a conference call Friday morning.

Newbill transferred to Penn State in August 2011 from Southern Miss and was forced to sit out the 2011-2012 season. He finished his career fourth all-time in scoring at Penn State with 1,812 points in only three seasons.

After going undrafted in the 2015 NBA draft, Newbill played for the Los Angeles Clippers in the Summer League. Following his stint with the Clippers in the Summer League, Newbill went overseas to play in France, Turkey, Belgium, and currently New Zealand.

“The documents show an underground recruiting operation that could create NCAA rules issues,” the Yahoo report stated.

If Newbill did take a loan while he attended Penn State, the program could face anything from minor penalties to more serious sanctions depending on the team’s culpability on the rules violation.