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Sleepy Hallow, 23, whose real name is Tegan Chambers, faces conspiracy charges.
The pair also had big plans to perform at hip-hop festival Rolling Loud in Miami on July 21.
Below is everything we know about Sheff G and Sleepy Hallows charges.
Have Sheff G and Sleepy Hallow been arrested following the indictment?
What does the indictment allege?
Prosecutors accused Sheff G of ordering and funding shootings in Brooklyn.
Sheff G allegedly hosted a festive dinner at Manhattans Brooklyn Chop House to celebrate after the incident.
It was allegedly captured in surveillance footage.
The indictment named Sleepy Hallow as a co-conspirator.
Were rap lyrics cited?
This is not an indictment of rap music, Gonzalezstressed.
In fact, this investigation did not rely on a single lyric to prove any of the alleged crimes.
Are these RICO charges?
(States have their own versions of this law.)
In short: No, Sheff G, Sleepy Hallow, and their co-defendants are not facing RICO charges.
Are they still in jail?
Both Sheff G and Sleepy Hallow will remain incarcerated while they await the next court hearing on August 9.
A judge could potentially agree to release the rappers on bail.