July 28, 2016  

Jay-Z's Master Recordings at Center of Alleged Extortion Plot

April 22, 2014 (2:01 am) GMT
A producer named Chauncey Mahan recently emerged with the tapes, which Jay-Z and his team thought were lost in 2002, and asked the rapper a $100,000 'storage fee.'

Master recordings by are at the center of an alleged theft and extortion plot, TMZ has reported. The recordings were made for the rapper's Roc-A-Fella Records in late '90s until early 2000s. They went missing in 2002 and were thought to have been lost.

However, producer Chauncey Mahan who worked with Hova during that time period recently emerged with the tapes. He contacted the "99 Problems" hitmaker's camp and told them he would auction the tapes or give them back for a $100,000 "storage fee."

After agreeing to $75,000, Mahan went to the storage facility on Friday, April 18. The producer was reportedly detained for questioning by LAPD whom Jay-Z's team had previously contacted. The LAPD will remain in possession of the recordings until a judge decides who has rightful ownership.

According to TMZ, the tapes are worth between $15 and $20 million. Although Mahan hasn't been arrested, Jay Z's representatives have apparently filed a grand larceny complaint with the NYPD. Meanwhile, the Beverly Hills police department is investigating Mahan for possible extortion.

More Jay-Z News

TODAY'S HEADLINES

  1. 'The Walking Dead' Was Supposed to End in Alexandria, but It Has Changed
  2. Disney's New 'Nutcracker' Movie Casts Mackenzie Foy as Clara
  3. Video: Kanye West Disses Taylor Swift While Crashing Drake's Concert
  4. Ben Affleck Risks His Life in New 'The Accountant' Trailer
  5. An Uber Driver Failing to Recognize Lorde Brags About Another Celebrity Passenger
  6. Scott Disick and Khloe Kardashian Make Fun of Dating Rumors While Posing for a Selfie
  7. Demi Lovato and Joe Jonas Bring 'Camp Rock' Back to D.C. Concert. See Their Onstage Reunion
  8. Is Lindsay Lohan Really Pregnant? See Picture of Her Smoking in Sardinia