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A producer named Chauncey Mahan, who worked with Jay Z in the early 2000’s, is being questioned in connection with an alleged plot to extort Jay Z! A collection of Jay Z master recordings are at the center of an alleged theft and extortion plot, TMZ is reporting. The recordings are valued between $15 and $20 million, and the police have already nabbed the tapes.

The backstory is that Jay Z’s Roc-A-Fella Records thought they lost all of this music back in 2002. According to TMZ, “Fast forward to this past Friday. Mahan apparently had a number of the masters in his Northridge, CA storage facility. Law enforcement sources tell TMZ ... Mahan allegedly contacted Live Nation -- which has a joint venture with Jay Z called Roc Nation -- and said he would either let the tapes go up for auction or give them the tapes for a $100K "storage fee."  We're told Mahan eventually agreed to take $75K.”

He was detained at the storage facility and agreed to come into the station for questioning. He was not arrested but is being looked into for the extortion allegations. Jay Z’s people filed a grand larceny complaint Friday with the NYPD that is also now ongoing. I’m sure more will come about from this odd story.