Here's what it reads:
UFC announced that it has suspended Jon Jones indefinitely and stripped him of the light heavyweight title as a result of violations of the organization's Athlete Code of Conduct Policy. Jones was recently arrested in Albuquerque, N.M. on a felony charge of leaving the scene of an accident involving personal injury. As a result of the charge and other violations of the Athlete Code of Conduct Policy, the organization believes it is best to allow Jones time to focus on his pending legal matters.
UFC feels strongly that its athletes must uphold certain standards both in and out of the Octagon. While there is disappointment in the recent charges, the organization remains supportive of Jones as he works through the legal process.