My thought is most likely no, but anything is possible, just not probable. Treason is the highest of High Crimes (and misdemeanors). It would most likely be dealt with by impeachment and trial.
The general consensus in the legal profession is that the President cannot be arrested or indicted.
Richard Nixon was named by the Watergate Grand Jury as an “unindicted co-conspirator.” Impeachment is the constitutionally mandated quasi- judicial process to remove a treasonous president.
Here’s probably more than you ever wanted to know on the subject:
“A Sitting President’s Amenability To Indictment and Criminal Prosecution:”
http://www.justice.gov/olc/sitting_president.htm
The impeach process is only the two step act of removal. House find him guilty of charges. Senate decides on punishment - removal if necessary
Any charges after that are seperate charges. WJC was found guilty of perjury - had license removed etc.
The process of original jurisdiction thru the federal court is a completely different check/balance. That has never been tested/used by the system iirc. But it is listed under III
I am onto going to look for it right now but there was state official removed from office after he was elected because he was latter found to be ineligible. You can’t impeach an illegal office holder.