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be busted

1

Also, go bust. Become bankrupt, financially ruined. For example, Who knew that the brokerage firm would be busted? [Slang; early 1800s] Also see under go broke.

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2

Also, get busted. Be demoted, as in If you're caught gambling you'll get busted to private. This usage originated in the military and still most often denotes a reduction in rank. [c. 1800]

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3

Also, get busted. Be arrested or turned over to the police, as in The gang members were sure they'd get busted. [Mid-1900s]

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The American Heritage® Idioms Dictionary Copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.