News: T.I.'s Grand Hustle Protégé Loses His Whip, $134,000 Maserati Repossessed
Tuesday, Jun 5, 2012 12:05PM
Grand Hustle rapper Young Dro's money woes have surfaced into the light with reports claiming he recently had his 2007 Maserati Quattroporte Sport GT repossessed.
According to reports, the T.I. protege fell behind on his monthly payments.
Young Dro once rapped that he's "the kinda person that gonna drive a Maserati" -- but that just ain't true anymore ... because he just had his repossessed ... TMZ has learned. According to a lawsuit obtained by TMZ, Dro leased a $134,000, 2007 Maserati Quattroporte Sport GT in January 2008. The docs say Dro agreed to fork over a $7,500 down payment and then pay monthly payments of $1,606.62. But according to the lawsuit, Dro defaulted on the lease and now owes the leasing company $61,220.37. The company has repo'd the Maserati. (TMZ)
Dro last made headlines back in 2009 when putting together his delayed P.O.L.O. (Players Only Live Twice) sophomore album.
"When I walked in the office, couldn't nobody look me in the eye," Dro said in an interview. "They was looking down. You had Jim Jonsin beats, some of the best production I ever had on there. When I saw it I was like, 'Oh my God. OMG.' But then I said, 'I'm gonna patch it up.' The album got leaked, so we going back in the studio. We gonna get [Don] Cannon beats, we gonna get DJ Toomp beats, we gonna sew the album up and act like it ain't never bled. No leak." (MTV)
Around summer 2009, the Atlanta-bred emcee hinted at plans to take on an acting career.
"Young Dro, you already know man," Dro said in a video. "In the studio man, putting finishing touches on sh*t. Stay in tune, dealing with all my fans to let 'em know P.O.L.O. on the way and don't even get it twisted. Players Only Live Once. Check in with your partner man, it's gon' be real big, you know what I'm saying? Got hot tracks on there, we coming to LA to shoot videos and all that man, holla at my peoples over there, Travis Barker. Sh*t like that going on, trying to go to MGM and do sh*t like that, do movies. I mean, so tune in every week, it's your boy Young Dro, P.O.L.O. the album, you gotta know to get that man. You gotta know your boy gonna be on fire like a motherf*cker shorty. And tell all them haters out there, keep on hatin' man. You either gonna die from it or live to it." (Dro Speaks)
The rapper's claim to fame came around 2006 when he dropped his Best Thang Smokin' debut.
By early 2006, Young Dro was signed to T.I.'s imprint, Grand Hustle Entertainment. Backed by the self-proclaimed "King of the South" T.I. and major label Atlantic Records, Young Dro hit the ground running with the popular single "Shoulder Lean" in summer 2006. It had heavy rotation on BET and MTV2, and its cellular phone ringtone sold over 500,000 units. The hit single is featured on his major-label debut, Best Thang Smokin', released in late August the same year. (All Music)