verb To arrest (someone or a group of people) for a crime.
Aaron got busted by the feds for leaking confidential government documents on Reddit.
verb To catch (someone) in the act of doing something wrong, socially and morally inappropriate, or illegal, especially when being done in a sneaky or secretive state.
verb To debunk, dispel (a belief).
We want to bust the myth that real men don't eat quiche.
verb An emphatic synonym of do or get.
He busted huge air off that jump!
verb To reduce in rank.
He busted him down to patrolman for insubordination.
verb To undo a trade, generally an error trade, that has already been executed.