Rapper-turned-sugar-water-pitchman-turned-overpaid-underwear-model 50 Cent has found himself on the wrong end of a police investigation into the theft of some blinged-out accessories that are worth about 500,000 times his namesake.

Robert Marin, owner of LAX Jewelry, which, from the looks of their bedazzled Instagram page specializes in frosty, hard-to-get Rolexes and other hip-hop-centric must-haves, is claiming that a couple of 50’s heavies pistol-whipped him and took a watch and gold and diamond chain he was in the process of selling the rapper.

It all started when Marin met 50 and crew in Vegas before the Mayweather-Pacquiao fight. A tentative deal was struck, and the party was on. After a night of raging at posh Drai’s nightclub on the Strip, Marin alleges that he was invited to check out none other than boxer Floyd Mayweather’s personal gym, which, of course, he accepted.

Upon arrival at the gym, Marin alleges the vibe turned ugly, and he was assaulted and robbed, after which 50 and posse disappeared into the night.

50 Cent et al claim otherwise, with the rapper’s lawyer Scott Leemon telling TMZ: “On behalf of 50, I can adamantly deny that he or his security had anything to do with these baseless and false allegations.”

50 Cent also made headlines around the fight after boasting he was going to be betting $1.6 million on Mayweather, who happens to be his estranged business partner, to win. Caught leaving the bout, however, 50 played demure when asked about his winnings, saying, “I didn’t win nothing!” and joking about the taxman being there.

This isn’t the first time the multi-millionaire with the humble name has been accused of stealing shiny items. Last year, he was named a suspect in the theft of the theft of a gold chain from a clothing designer at one of his concerts.