Mike Alvarado/Photo courtesy of Top Rank Inc.

Welterweight Mike Alvarado of Denver this past Saturday was arrested in downtown Denver on a felony warrant and for being a convicted felon in possession of a handgun, the Denver Post reported.

Alvarado (34-3, 23 KOs) is scheduled to fight Brandon Rios (32-2-1, 23 KOs) of Oxnard for the third time Jan. 24 at 1stBank Center in Bloomfield, Colo. (on HBO). The fighters split the first two bouts.

Alvarado, 34, has already served two stints in prison, according to the report. He has been bailed out and at this time he should be able to keep the date with Rios.