Wells Fargo is disputing allegations made by Memphis rapper Blac Youngsta that he was racially profiled by the bank and Atlanta police after he withdrew $200,000 in cash last week.

A spokesperson for Wells Fargo bank told Hiphopenquirer.com exclusively that Youngsta never made a withdrawal, and furthermore, he doesn't have an account at Wells Fargo bank.

The rapper, whose real name is Sam Benson, made headlines last week when he claimed he was detained by Atlanta police after making a $200,000 withdrawal from his account at the Wells Fargo at 3235 Peachtree Road on Friday.

Wells Fargo released an official statement, saying "Mr. Benson is not an account holder with us. He did not enter our store nor did he make any withdrawals.

Pictures uploaded to Instagram.com show the rapper on the ground in handcuffs while an officer stood over him.

According to Sergeant Warren Pickard of the Atlanta Police Dept., the media reports are "not accurate."

Pickard said Benson and several of his associates were detained "briefly" and Benson had only $70,000 in his possession -- not $200,000 -- and no money was taken from him.

Benson, who is best known for his 2014 single “Heavy,” received a $200,000 bonus when he signed to Yo Gotti's CMG record label last year.

Below is the full statement from the Atlanta Police Department.