By Chris Rosvoglou On Saturday morning, the Las Vegas Review-Journal broke the news that Kansas City Chiefs cornerback Damon Arnette was arrested. Moments ago, the Chiefs made a decision on Arnette’s future with the team. According to NFL Network insider Tom Pelissero, the Chiefs immediately released Arnette after his arrest in Las Vegas on Friday night. Arnette was reportedly booked on two counts of assault with a deadly weapon, carrying or concealing a gun without a permit, possession of marijuana or cannabis and possession of a class one or two level controlled substance. It’s not surprisin…