50 Cent Addresses Tony Yayo Altercation; Russell Simmons Not Involved In Rally

Ever

since the Mar. 20 incident involving G-Unit rapper Tony Yayo and the 14-year-old

son of Jimmy “Henchmen” Rosemond, rumors have swarmed over whether or

not rapper 50-Cent was involved in the incident.Representatives

immediately released statements denouncing the rapper’s involvement in the

assault, but up until now 50 Cent has remained silent on the situation."As

CEO of G-Unit Records, I take allegations swirling in the media regarding the

alleged altercation against a teenage boy on Tuesday Mar. 20 in Manhattan very

seriously,” 50 Cent told AllHipHop.com in a statement. “I have authorized

an independent investigation of the incident to determine whether anyone associated

with G-Unit Records was involved in the confrontation. I must state for the record,

that I was at my home in Farmington, Connecticut the entire day completing songs

for my new album.”Although

the allegations against 50 Cent are just that, they still cast a dark shadow on

the rapper who has seen his share of negative publicity.50

Cent has a harsh warning for those behind the allegations.“A

word of caution to anyone attempting to link me personally to this unfortunate

incident for their own selfish motivations, I will vigorously pursue all legal

remedies available to me to protect my professional reputation,” 50 Cent

said in a statement. Contrary

to what was previously reported Russell Simmons and the Hip-Hop Summit Action

Network will not be partaking in the public grievance and rally in Manhattan.“We

are not involved and we have no interest in the public debate over this issue,”

Russell Simmons told AllHipHop.com. “While we condemn violence in all its

forms we see our role as peace makers.”Along

with statements from 50 Cent and Simmons Violator CEO Chris Lighty accused Rosemond

of extortion. According to Lighty, Rosemond is seeking a hefty sum over $1 million

dollars from 50 Cent as a result of the incident involving Rosemond’s son.The

public grievance and Peaceful Rally For Change will take place in Manhattan on

April 2 and participants will include Reverend Al Sharpton, various community

and religious leaders, parents, and students.

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