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Jay Z's Alleged Extorter

I SAVED Jay Z's Recordings!!!

He Was a Stupid Kid Smoking Blunts

4/22/2014 1:00 AM PDT BY TMZ STAFF
EXCLUSIVE

0421-jay-z-angry-tmz-01Jay Z should be THANKING the producer he's accused of extortion -- or so the guy claims, telling TMZ, if it weren't for him ... the recordings he's allegedly holding for ransom would have been lost or destroyed ... because Jay Z was an irresponsible pothead back in the day.

TMZ broke the story ... Chauncey Mahan was detained by police Friday after Jay Z's people accused him of stealing the master recordings for several big songs back in 2002 -- and then trying to hold them for ransom -- a $100,000 "storage fee."

But Chauncey insists the allegations are BS -- telling TMZ, he didn't steal jack ... Def Jam asked him to keep track of the recordings in 2002 because no one else was doing it. According to Chauncey, Jay Z "was a stupid kid smoking blunts" who was reckless with his intellectual property.

What's more, over the last 10 years, Chauncey says he's repeatedly notified Jay Z's people that he was in possession of the masters, and they blew him off. He says he finally asked for money last week when he could no longer afford to keep the masters in storage.

Chauncey says he asked for $100,000 to compensate him for keeping the recordings safe for 12 years. FYI, the masters are for Jay Z's "Volume 3" and "Dynasty" albums -- including huge songs like "Big Pimpin" and "I Just Wanna Love U (Give It 2 Me)."

And this is interesting: Chauncey says some of the masters sound awful ... which might explain why Jay Z is freaking out.

As we reported, police have since taken possession of the tapes until a judge can determine rightful ownership.

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118 COMMENTS

No Avatar
1.

MightyMatt    

"Intellectual Property" - that's debatable.

154 days ago
2.

Rachael    

I believe it- but unfortunately, JayZ has so much money now he can lawyer and bully his way out of anything at this point. I hope that he is forced to pay that guy something. If I found them and knew he would act like this, I'd have tossed them into a dumpster. Jerk.Z.

154 days ago
3.

NOT ELMO    

JAY-Z JUST GIVE THAT GUY A "$1OO,OOO.OO BURGER-KING GIFTCARD', DON'T GIVE HIM YOUR SWEETLY EARNED CA$H.....

153 days ago
4.

ASH    

Jay Z wears his 5% necklace - racist.
Sold his soul to get a huge career.
Promotes killing jesus in his songs.
Great guy.

153 days ago
5.

englishpetal    

Sounds about right! But jay z will not have to fork over a penny because he has the money and the resources.

153 days ago
6.

scott    

Like Nas said Dic$ suckin lips

153 days ago
7.

CENSORMVSICK    

...please...

153 days ago
8.

billson1234    

Just blaze is on twitter telling a whole different story according to him chauncey was a complete **** up with a temper

153 days ago
9.

bkblueknight    

groan. this lawsuit is contrary to every single thing Jay-Z has said about himself in his raps.

he acts so gangster, and then when hes missing 10 cents from his royalties he snitches to PO-LICE.

IT DONT ADD UP JAY

153 days ago
10.

Trigga31    

These guys would rather die than pay their bills

153 days ago
11.

Celeb Gossip Addict    

Jay Z was a successful business man in his 30s in 2002. This guy is going to have a tough time with his "stupid kid" defense.

153 days ago
12.

Unbroken Chain    

He is still stupid. Rapping is not a skill. He is nothing more than a human horse who is inexplicably famous for some reason I'll never understand

153 days ago
13.

RedwoodPerch    

Nice lapel pin, Jay Z. Does that symbolize the fact that you sold out?

153 days ago
14.

EJfan72    

I never understood how he got so rich buy saying "uh, uh, uh, uh, uh".

153 days ago
15.

Ronni    

Not a thank you?

153 days ago
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