Can we disallow our 17 yr old son from returning to our home considering he has been filed as a runaway twice arrested for drug possession in our home committed bank fraud and refused to obey any rule?

There is likely to be a legal avenue for you to refuse access to your son to his/your home.

It will likely require that you follow-up with your local law enforcement agency, if your son chooses to disrespect your decision to banish him from your home.