The 10-count indictment charges Blackshear officer Jason R. Yarbrough, 33, with conspiracy, selling firearms to a prohibited person and making a false statement about the sale of a firearm.
The indictment is the result of a Bureau of Alcohol, Tobacco, Firearms and Explosives investigation into Gator Pawn, 600 State St. in Waycross and Chancey Gun & Pawn, 3333 U.S. 84 West in Blackshear.
Yarbrough worked part-time at Chancey Gun & Pawn handling firearms sales and federally mandated paperwork, the indictment states.
He is suspended pending completion of an internal affairs investigation into the charges leveled against him in the Nov. 4 indictment, police department spokesman Lt. Chris Wright said Wednesday.
Yarbrough could not be reached for comment. He and his four co-defendants will go before U.S. Magistrate James Graham on Nov. 30 for initial proceedings in the case.