Bail Set At 3 Million For MJ

Authorities have issued an arrest warrant for Michael Jackson on multiple counts of child molestation, Santa Barbara County Sheriff Jim Anderson said Wednesday.

"The bail amount on the warrant has been set at $3 million," Anderson said. He also said that Jackson would be asked to surrender his passport when he was taken into custody. Jackson's Neverland Ranch in Santa Barbara, California, was searched Tuesday as part of the investigation, and two other search warrants were executed in Southern California, Anderson said. Jackson's spokesman Stuart Backerman said the singer has been in Las Vegas, Nevada, for the past two-and-a-half weeks, shooting a video for the song "One More Chance." That single is on his "Number Ones" album, a greatest-hits collection released Tuesday by Epic Records.

Detective Tim Gracey with the Santa Barbara County Sheriff's Department Gracey said authorities were working to have Jackson "surrender himself within a specific period of time." Backerman said he did not know what the investigation was about, and promised Jackson, 45, will "cooperate fully with authorities."