By Brad Segall

CHALFONT, Pa. (CBS) — The Chalfont Borough police officer accused of developing a hoax earlier this week — claiming he was shot in the chest during a car stop — could get out of jail sometime Thursday.

Jon Cousin is being held in the Bucks County Prison in lieu of $150,000 bail, but could be released if he raises 10 percent of that amount.

Meanwhile, the Bucks County district attorney’s office has filed a motion with the court for bail modifications.

If the 30-year-old officer is released, they want him transferred to an in-patient treatment facility. A psychiatric evaluation has already been done, and Cousin also transferred all of his weapons to the Bucks County detective’s bureau.

Cousin was arrested Tuesday night, one day after claiming he was shot while investigating a suspicious car in the parking lot of the Lenape Valley Swim Club on Westview Avenue (see previous story). That set off a chain of events that had police looking for three suspects until his story began to fall apart (see related story).

Cousin has been placed on administrative leave, with his next court date set for September 6th.