Jay Z In Blackmail Plot Over Master Recordings Worth $20 Million

New York, NY (Top40 Charts) Missing Jay Z recordings were found in a California storage unit amid an alleged extortion plot by a producer. According to various reports, the police have questioned a producer Chauncey Mahan who worked for the rapper at Roc-A-Fella Records from 1998 to 2002.
Mahan allegedly told Live Nation, which has a joint venture with Jay Z called Roc Nation, he would either put the tapes up for auction or give them the tapes for a $100,000 (£60,000) "storage fee". He is reported to have settled for $75,000 (£44,000).
Jay-Z's team also filed a grand larceny complaint on Friday with the NYPD, who are investigating the allegations.

Although Mahan was not formally arrested but the authorities currently have possession of the missing Jay Z music and are determining the rightful owner. Mahan is credited for working on Jay Z's Vol. 3…Life and Times of S. Carter, The Dynasty Roc La Familia, and more of the 44-year-old Grammy winner's albums.
He also worked on music for LL Cool J, the Lox and Beanie Sigel.

Jay Z, whose real name is Shawn Carter, is married to Beyonce and the couple have a daughter, Blue Ivy. He is one of the most successful hip hop artists in the world.