Larimer County Sheriff Jim Alderden said Sunday they have evidence that the runaway balloon incident was a hoax and a publicity stunt that was done in order to get the family a reality show.
The boy's father, Richard Heene, met with sheriff's officials earlier in the day in the midst of lingering questions about whether he had planned a hoax.
Sheriff Alderden says they plan on filing charges against Richard Heene and his wife, Mayumi Heene soon. The charge they face is of contributing to the delinquency of a minor, according to the Associated Press.
The other potential charges could be conspiracy, false reporting and attempt to influence an officer.
The most significant charges they face could result in a 2-5 year sentence.
Richard Heene has insisted that the drama that unfolded Thursday wasn't a publicity stunt.
Heene and his wife reported that their 6-year-old son, Falcon, had been inside the flying-saucer-shaped balloon when it launched from their back yard.