Redskins safety Tony Peters and seven other men were indicted yesterday by a federal grand jury in Alexandria in connection with the alleged sale of $115,000 of cocaine in Northern Virginia this summer.

Peters, who went on leave from the team with pay after being arrested last week, is charged by the grand jury with conspiracy, three counts of possession of cocaine, three counts of distribution of cocaine, interstate travel for criminal purposes and illegal use of a telephone.

According to the indictment, one of the named coconspirators allegedly told an undercover agent that Peters would arrange sales but would not "actually touch" the cocaine because of his position with the Redskins.

The 30-year-old Peters will be arraigned at U.S. District Court in Alexandria on Wednesday. He faces a potential sentence of up to 114 years in jail and fines of up to $215,000, if convicted.

Redskins attorney Lawrence Lucchino, who is also representing Peters in the case, said in a statement yesterday that the "proceedings remain Tony Peters' personal matter. No comments will be made on the development of the matter until it is over."

Peters is alleged to have accepted $3,000 from an undercover agent for the Drug Enforcement Administration in return for helping to set up two cocaine sales and to have told the agent he wanted to take part in larger, future drug transactions.

According to the document, one of the alleged coconspirators, Peters' half-brother Charles Bray of Toronto, told a Canadian undercover agent posing as a drug buyer that Peters could arrange sales. Bray allegedly said, however, that Peters "would not actually touch the cocaine because of his position with the Redskins but would introduce other people who would actually conduct the sales."

Bray told the agent that the cocaine to which Peters had access was almost gone and Peters "wanted to wait for a new shipment" so that the undercover agent could purchase "as much as possible," the indictment said.

On June 28, Peters is alleged to have introduced two undercover agents posing as buyers to alleged coconspirator Ronald Kirby Wood at the Key Bridge Marriott in June, after which agents made three cocaine sales from Wood totaling $115,000.

The indictment says that on July 29, Peters telephoned an undercover agent from the team's Carlisle, Pa., training camp to discuss a meeting at which Peters allegedly would receive a fee for setting up one of the sales.

The meeting took place the next day at Bogart's restaurant in Fairfax City, the indictment says. Peters collected $2,000 and discussed setting up another sale. On July 31, the indictment says, Peters telephoned an unknown third party in Oklahoma "in an attempt to develop a new source for a three-pound sale of cocaine . . . ."

All eight defendants were charged by the grand jury with conspiracy. In addition, the indictment charges Bray, a former member of the Toronto Argonauts, with possession and distribution of cocaine and illegal use of a telephone.

Bray's brother Douglas, who is alleged by the grand jury to have worked in Toronto in setting up the sales, was charged with possession and distribution.

Wood, 38, of Maryland, is charged with possession and distribution, interstate travel to facilitate a drug sale and illegal use of a telephone.

Thomas Peter Shaw Valanidas, 35, a Calvert County school teacher, is charged in the indictment with possession and distribution and interstate travel to facilitate a drug sale.

William Howard Burns, Jr., of Lusby, Md., is also charged with interstate travel to facilitate a drug sale, as well as possession and distribution. Prosecutors allege that Burns drove Wood and another alleged conspirator to National Airport after a drug sale was made. Burns' lawyer said he will plead innocent.

Jorge Alberto Robert, 35, of Miami, is charged with possession and distribution and interstate travel for drug sales.

Jose Cebada, 35, of Corona, N.Y., is charged with possession and distribution and interstate travel for drug sales. Cebada, who is alleged to have delivered cocaine from New York, is the only one of the eight men who remains at large.