Fetty Wap: I'll Take My Islands Dripping in Diamonds ... $70,000 Worth!

When Fetty Wap reps his crew, he reps 'em hard ... as in a brand new $70,000 diamond and gold chain hard.

We found out Fetty commissioned Elliot Avianne from Avianne & Co. jewelers in NYC to make a custom RGF Island emblazoned medallion. It's held together by 14 carat gold Cuban links blanketed with 35 carats of diamonds!

Fetty picked up the piece this week and owner Joe Avianne says the "RGF Island" is a reference to the rapper's single from his self titled debut album and his label.

If you ain't beefin' bout the money, then what's the problem?