The controversial image was posted on Arias' website 490tx.com showing the Whip My Hair singer laying in bed with Arias as he sits shirtless with his back to a wall.
The actor removed the photo from his Instagram account after it was widely criticized on social media due to the vast age difference between the stars. Neither of the two have addressed issue thus far.
Last year, Smith was involved in a similar controversy over her single Summer Fling as the lyrics for the track were deemed too sexual for her age.
Arias is best known for playing the role of Rico in Disney's Hannah Montana from 2006 to 2011. The actor's website also features photos of Smith's older brother, Jaden Smith, and Keeping Up with the Kardashians' stars Kendall and Kylie Jenner.