Shepard Fairey, the street artist behind the now iconic portrait of President Obama seen above, was arrested last night in Boston. He was accosted by police as he was about to enter an event at the Institute of Contemporary Art. Fairey was set to act as DJ for the night, a celebration of his new exhibit Supply and Demand.

The arrest was made on warrants recently issued for Fairey based on graffiti he created in Boston "early in his career," says the AP.

Was it really necessary to rain on the guy's parade right before his exhibit's opening night celebrations, tickets for which went for up to $500 on Craigslist? It sounds like Fairey would have had his hands full spinning music at the event - doubtful he would have tagged any more buildings. Maybe the police should have waited until the end of the night.

But, in general, things seem to be going pretty well for Fairey. If vindication from Obama during the campaign wasn't enough, the now-famous portrait was recently added to the collection of the National Portrait Gallery in Washington, D.C.

Fairey recently appeared on The Charlie Rose Show to discuss his personal history, involvement with the Obama campaign, and new-found fame.