Travis Henry put his house up as collateral for a $360,000 secured bond and will post another $40,000 as an unsecured bond.

Travis Henry put his house up as collateral for a $360,000 secured bond and will post another $40,000 as an unsecured bond. He is scheduled it be released on bail sometime Thursday will he remain on house arrest.Henry will face a Montana judge on federal conspiracy drug charges.The Former Denver Broncos running-back, was arrested October 2, for trafficking cocaine and marijuana that was allegedly headed to Billings for distribution.The U-S Attorney's office announced Monday afternoon that Henry and James Mack, 29, will make their initial appearances in Montana Federal Court. That date has not yet been set.U.S. Magistrate Kristen Mix ordered the case to be moved to Billings and set Henry's bail at $400,000.Henry faces one count of conspiracy to distribute cocaine and possession with intent sell.Court documents trace the case back to a Sept. 16 traffic stop along Interstate 90 about twenty miles east of Billings.When the Montana Highway Patrol and a DEA agent searched the vehicle, they found a black duffle bag that contained three kilograms of cocaine and six pounds of marijuana, according to court documents.Under questioning, one of the vehicle's occupants told authorities he was traveling to Billings to deliver the drugs to a Billings resident. He agreed to become an informant in the case and implicated Henry and Mack as those behind the operation.The U.S. Attorney's office said Henry and Mack were informed of the charges against them and will enter a plea in Billings.If convicted, Henry could face up to life in prison and a $4 million fine