More details as they become available. But for now, all we're getting is that it was for a "violation of team rules."
(Pre-emptive "thUGA gonna thug." Oh, and #FireMikeBobo)
UPDATE: Seth Emerson is now reporting that Chris Sanders has been dismissed, as well.
UPDATE 2: UGA Police Chief Jimmy Williamson has been quoted by Marc Weiszer of the Athens Banner-Herald as saying that he was unaware of a theft report field in which football players were either suspects or victims. That doesn't necessarily mean there wasn't a "theft issue" involved, as other sources are reporting, of course. It just means that if there was, it was apparently not reported to the UGA police.