Legal Question in Criminal Law in Mississippi

They can Indict you because there was a crime. It is that simple. Even though your buddy "dropped" the charge, most people do not realize it is not a "victim's" right to prosecute/drop charges, but instead it is a decision made by the person charged with the protection of the public in general. Despite the "agreement" of your buddy the District Attorney may have decided to prosecute to make an example out of you or to hold you accountable for your "stupid act" which also happened to be a "Felony" in this State. You probably will be prosecuted and you may not qualify for favorable sentencing due to your previous felony conviction. You need to hire competent counsel at once to begin negotiations with the District Attorney to show that you already made restitution and that you have reformed and that there is no real reason to prosecute you other than to use the prosecution for an example to others. Competent counsel may be able to persuade the District Attorney to refrain from active pursuit of the charge provided you stay out of trouble in the long term future, even to the extent of entering an agreement perhaps to extend your current "probation" term to ensure long term compliance with society's laws.