Rick Ross I Squashed the Beef Between Meek Mill & Wale

10/22/2015 12:05 PM PDT

Rick Ross: I Squashed the Beef ... Between Meek Mill & Wale


Well, that was quick ... Rick Ross says the war between Meek Mill and Wale is OVER -- and they're gonna prove it by coming together on a new album. 

In a video statement to TMZ, Ross says he's "happy" to address the beef between the two rappers signed to his MMG label -- which blew up after Wale went on "The Breakfast Club" and said Meek "brought a pencil to a gunfight" during his battle with Drake

"Young Meek Mill, Young Wale .. family good, ya dig?! Ya'll know how I do it." 

Ross says he'll show the world that the hatchet is buried when he drops "Self Made Vol. 4" -- a collaborative album featuring the entire MMG roster. 

No word on when it's gonna drop -- but at this point, the sooner the better ... and we can't wait to hear what they're gonna say.