Jay-Z Drops Extortion Case Over Lost Master Recordings


Jay-Z


Jay-Z will not press criminal extortion charges against Chauncey Mahan, who demanded $100,000 in 'storage fees' for a number of old recordings that the rapper thought were lost in 2002.

Jay-Z has decided to no longer pursue criminal extortion charges over his old recordings. According to a new report by TMZ, the 44-year-old MC and his camp have chosen not to move forward and the Beverly Hills Police Department has closed its investigation as a result.

As previously reported, Jay-Z was the target of an alleged extortion plot. Chauncey Mahan, a producer who worked with him from 1998 to 2002, was detained by the LAPD for allegedly stealing a number of master recordings that Hova assumed were lost in 2002.

Mahan allegedly told Jay-Z that he would put the tapes up for auction or give them back for a $100,000 "storage fee." Mahan was detained for questioning when he showed up at the storage facility where he kept the tapes, which are worth $20 million.

Mahan has maintained his innocence, claiming that he was hired to "protect" Jay Z's music over a decade ago. He turned over the masters and the LAPD will remain in possession of the recordings until a judge decides who has rightful ownership.

© AceShowbiz.com


MORE FROM NEWS

Leave a Comment

Required fields are marked with *

   

TODAY'S HEADLINES

  1. Kylie Jenner Reportedly Pregnant With Travis Scott's Baby
  2. Get a Look at Hulk's Glamorous Sakaar Bed in 'Thor: Ragnarok'
  3. T.I.'s Alleged Side Chick Bernice Burgos Reportedly Wants to Have Baby With Him
  4. Iggy Azalea Responds to Odell Beckham Jr. Dating Rumors: I Don't Even Know Him
  5. Fans Loath ABC's 'Dirty Dancing' Remake - See the Hilarious Memes
  6. Kylie Jenner Tells Bella Thorne to be Careful of 'Charming Player' Scott Disick
  7. 'Logan' Producer Hints at X-23 Solo Movie
  8. Is Gwen Stefani Pregnant With Blake Shelton's Child?
  9. Kim Kardashian Is Jealous of Kourtney's Banging Bikini Body
  10. See Ben Affleck Hilariously Imitating Christian Bale's Batman for Red Nose Day

CELEBS PHOTO