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Five Things to Know About Paris Hilton Boyfriend/Arrest Buddy Cy Waits

Paris Hilton, Cy Waits Todd Williamson/WireImage.com

The name Cy Waits has been everywhere lately, so who is this guy? Well, aside from the fact that he's Paris Hilton's latest boyfriend and he was also involved in the cocaine bust that occurred last night in Las Vegas? Here are five things you gotta know about this mystery man...

1. He's More Than Just a High Roller in Sin City: This guy doesn't play around in Vegas, although that's part of his job description. Waits is a nightclub mogul, comanaging some of the hottest spots on the Strip, including Tryst, Drai's and XS.

2. There Are Two of Him—Kinda: He has a twin brother, Jesse, who is also his business partner and rumored to be dating Brody Jenner's ex Jayde Nicole.

3. He Was Considered a Hot Pick: Extra picked both Waits brothers to be on its  "America's Most Eligible Bachelors." Too bad they're off the market now!

4. Cy Waits Will Use a Gun If Necessary: Last Tuesday, Hilton came face-to-face with an intruder at her home. Waits grabbed his gun and jolted to the scene, proving he's her "knight in shining armor."

5. Paris's Parents Approve of Him: It'd be hard for any mom and dad to not like the man who possibly saved their daughter's life, right? Word is, Rick and Kathy Hilton have known Cy for years and give this budding relationship their blessing.

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Both of these couples make cash money, check out some other celebrity cash couples!

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