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Jay-Z Involved in Extortion Plot?

 
Posted April 23rd, 2014 @ 4:35am

Los Angeles police have recovered a collection of Jay-Z’s old master recording that had been stolen. According to TMZ, producer Chauncey Mahan – who worked with Beyoncé’s husband from 2008 to 2009 – had Roc-A-Fella master recordings from 1998 to 2002.

Photo: Getty Images

Chauncey said he’d called Live Nation to let them know that they could have the masters for a $100-thousand dollar storage fee, or he would auction them off. He supposedly settled for $75-grand. But when he showed up to the storage facility on Friday in Northridge, California, the cops met him there. He was detained but not arrested. The Los Angeles Police Department will hold on to the tapes – which are valued between $15 and $20 million dollars – until a judge decides who rightfully owns them. Meanwhile, the Beverly Hills Police Department is looking into extortion allegations against Mahan, while Jay’s team has filed a grand larceny complaint with the NYPD.  

Stay tuned…

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