Jay Z No Longer Interested In $20 Million Extortion Case
Posted by Joseph Lee on 05.14.2014
Police have ended their investigation...
TMZ reports that Jay Z's team is no longer interested in pursuing criminal extortion charges against producer Chauncey Mahan over $20 million worth of Jay Z master recordings. The Beverly Hills police department has now closed their investigation.
Mahan was held by police last month after Jay Z's team claimed that he stole several master records for Jay's hit songs in 2002 then held them for a $100,000 "storage fee." LAPD acquired the recordings as part of their investigation. Jay Z is no longer going after Mahan for extortion so the BHPD is not going to investigate. However, the LAPD will still hold onto the recordings until a civil judge tells them not to.