Updated June 06, 2003 11:27 AM

CAST: “Austin Powers” star and former main squeeze of Edward Burns, actress Heather Graham, 33, will make her New York stage debut this September in the Off-Broadway play “Recent Tragic Events,” by Craig Wright, about a blind date on Sept. 12, 2001, reports The New York Times. “It might sound stupid,” she says about taking on the role (and the New York critics), “but I think this is so well written, I don’t think I can mess it up.”

ARRESTED: Rap mogul Master P (real name: Percy Miller), 33, was arrested Tuesday for possession of six hollow-point bullets as he attempted to board a Los Angeles-bound flight at New Jersey’s Newark International Airport, reports the New York Post. The rapper reportedly told authorities he was checking a small case with a licensed unloaded gun, but officials discovered the six bullets in a separate case. Master P was taken to the Union County jail where he was issued a summons and released.

SOLD: For the seventh year in a row, Christopher Reeve’s bike was auctioned off in Washington, D.C., to raise funds for World T.E.A.M. Sports, reports PEOPLE. The purple Cannondale 500 sold for $7,800 to Peter Kiernan, the same high bidder who’s been buying and giving it back to Reeve since the first auction. Reeve joked with those in attendance, “It keeps getting auctioned off and brought back. So I hope it goes again tonight. It’s a thrill for me to see it.” So far, Reeve’s bike is estimated to have raised more than $100,000 for the organization.

RESIGNED: Two of the nation’s most powerful journalists, New York Times executive editor Howell Raines, 60, and managing editor Gerald M. Boyd, 52, quit the paper Thursday. They resigned amid charges of low staff morale due to the men’s autocratic management style and their mishandling of reporter Jayson Blair, who five weeks ago was discovered to be a serial plagiarizer and liar. Former executive editor Joseph Lelyveld, 66, will temporarily run the paper until permanent replacements are hired.