Updating an ongoing story, Martin Shkreli, the man who gained notoriety for increasing the price of an AIDS drug more than 5,000 percent and then purchased the one-of-one $2 million dollar Wu-Tang Clan album, might lose said album in connection with his recent arrest on security fraud charges. TMZ is reporting that the album could be seized from Shkreli if it is determined that the money used to obtain it was earned through fraudulent measures or if Shkreli is found guilty and ordered to to pay restitution in which case the album would also be seized. In their report, TMZ references a source within the U.S. Marshall's that says the album is a likely target due to the high price and demand of the asset.

Shkreli is currently facing security charges upward of $65 million for using company funds at his former business to pay off debts from a failed personal hedge fund. He was released the same day as his arrest on $5 million bond. The purchase of the album, titled Once Upon A Time in Shaolin, did come with a particularly relevant caveat that prohibited its transference between owners for 88 years. At that point in time, the album would be made available to the public, albeit, a public that may have lost considerable interest in the project altogether.

For Shkreli, purchasing the album may have been a headline grabbing stunt, or he may have a genuine interest in hip-hop. Before his arrest, it was reported that he was interested in posting bail for Bobby Shmurda and the pharmaceutical CEO turned national antagonist had even posed for a photo with Fetty Wap as recently as Dec. 4. Shkreli is next scheduled to appear in court on Dec. 20. We will continue to update this story, as it pertains to the status of Once Upon A Time in Shaolin, as developments become available.