By Miguel Rivera

Legendary Mexican icon Julio Cesar Chavez Sr. is already planning a lawsuit over an article that was written by a Mexican columnist in El Universal, one of Mexico's oldest and largest newspapers.

In the article, written by Universal columnist Ricardo Aleman, Chavez Sr. was accused of laundering money for narco cartels and having connections with very powerful drug kingpins in Mexico.

Chavez reached out to lawyers in Mexico and the United States and they are already preparing a lawsuit for defamation. The suit will name the writer and newspaper as defendants.

According to Aleman's accusations - Chavez replaced Rolando Andrade [father of Mexican actress Yolanda Andrade] as a key figure to launder money for various drug cartels.

?“I spoke to my lawyers in the United States and Mexico, and we will be suing them for defamation, because that man (Aleman) has no grounds to make these accusations,” Chavez said to Fox Deportes.

Chavez admits that he's known many drug traffickers but at no point did he ever involve himself in any illegal activities or questionable business practices.

“It's true, I've known many, very many (drug traffickers). You all know. I've met people from all social classes ... from the president of Mexico to the poorest,” Chavez said. “I met the people and I've taken pictures with everybody because I've never denied anybody a photo, be it a poor person, be it a rich person, be it a drug trafficker.”

“I have no idea where he (Aleman) got that fricken bullsh*t lies from, which if were true, why would have I continued fighting ... I retired at 42 from boxing. I do accept that in fact Francisco Arellano Feli (who was killed by a man dressed as a clown in 2007 during a wedding in Tijuana, across from San Diego, California) was my friend, but when he was detained (in 1993) this did not take place at my home.”