Balloon Boy's parents are finally getting their balloon back. The county sheriff had it, apparently.

The Heene family, of "balloon boy" fame, will shell out $36,000 in restitution.

Richard Heene, manufacturer of hoaxes and believer in reptilian humanoids, graced Larry King Live with his presence tonight for an ~*~EXCLUSIVE~*~ interview. How did Heene fare when faced with hard-hitting questions from Lar Bear? Well, he cried—a lot.

Richard and Mayume Heene, better known as the parents of balloon boy, will be sentenced today. They are facing 90 and 60 days incarceration respectively. And the judge may prevent them profiting from the incident. Reality TV producers weep. [AP]

Operation: Balloon Boy Rescue cost an estimated $43,000. There goes Falcon's college tuition.

Richard and Mayumi Heene, the parents of that cute vomiting boy who did not get lost in the air in a balloon, will plead guilty tomorrow to charges that they concocted the story in order to become famous, which happened.

The local sheriff in Ft. Collins, Colo., is defending the Heene family, saying at a press conference that he doesn't think Richard and Mayumi Heene were faking their emotions during yesterday's ordeal.

More evidence emerged this morning that yesterday's Balloon Boy escapade was either a deliberate hoax or the result of galactic idiocy, and local authorities have begun investigating whether it was staged.