Marion "Suge" Knight was busted on assault and drug charges.

He was accused of beating his girlfriend and wielding a knife on the Las Vegas Strip.

Cops said Knight, the founder of bankrupt Death Row Records, was arrested after Vegas police investigating a minor fender bender arrived to find Knight wailing on a woman in a parking g lot off the major thoroughfare.

Las Vegas police Lt. Chris Carroll stated, "A citizen sees the beating in a parking lot, police get there fast, they see him beating her. It’s a good solid case."

The woman who was not stabbed identified herself as knight’s girlfriend.

Cops drew Tasers as they approached Knight.  He dropped the folding knife and was taken into custody and later released on $19,000 bail.

Knight has a long history of legal dilemmas and was with Tupac Shakur (whom he signed to Death Row) when Tupac was gunned down.