A judge has just granted Cain Velasquez bail in his attempted murder case ... paving the way for the UFC legend to be out from behind bars for the first time in over 8 months.
Velasquez's bail was set at $1 million ... and, assuming he posts it, the judge also ordered the former fighter to wear a GPS monitor, and to stay away from the alleged victims in the case.
Cain Velasquez Shot At Man Who Allegedly Molested UFC Legend's Family Member
The 40-year-old has been locked up since Feb. 28 -- after authorities claimed he shot at Harry Goularte, a man who had been accused of molesting one of Velasquez's relatives.
Attorneys for Velasquez had argued for months that he should be granted bail -- though prosecutors vehemently opposed, saying he was still a threat to Goularte.
At previous hearings, judges had sided with the prosecutors ... and denied Velasquez bail. But, at a proceeding in a Santa Clara, Calif. courtroom on Tuesday, a judge ultimately ruled in favor of bail, citing, among other things, Velasquez's clean prior criminal history, and his status as a father.
Velasquez is still slated to go to trial in the case -- as he's facing 10 criminal charges for his alleged role in the February attack.