Considering I talked to him yesterday, I am probably the most reliable source for this dumb fucking question.
You (C-Lo) should stop talking to stupid ass people who don't actually talk to Byron.
He's NOT in jail. He's fine. He's working on another album which is wrapping up, but that's all I can say for now...besides it's about 10x better than his last shit, which was 100x better than the shit before than that, so there ya go. If you hadn't noticed, there is NO Gettin Greedy myspace page anymore which means...no more GG. But have no fear, BD and Chuck are working on albums, among other things.
So stay tuned and I'll probably be posting something about BD's album within the next few months. He's working on getting a new myspace page up, but he has a life so it takes him longer than most people.