G-Unit boss 50 Cent is $60 million richer. The hip-hop veteran has addressed widespread Effen Vodka rumors.

Fif went to Instagram Monday (July 17) to speak out on the headline-generating situation.

Hours prior, buzz developed about 50 selling his stake in Effen for millions.

On top of that, 50 was also spotted holding a bottle of Ciroc during a Fourth of July party at Angel’s Strip Club in New York City which left many surprised and confused. But the truth is now out — 50 is no longer associated with EFFEN. Almost all past hashtags on his Instagram have been removed and the Breakfast Club on Power 105 NY revealed the news that the G-Unit boss has sold off his stake in the company. DJ Envy then said that he reportedly sold his share for about $60 million. (Hip-Hop N More)

Back in March, Fif went viral for putting together a potentially widespread Effen challenge.

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In January, New York producer DJ Kay Slay gave 50’s Effen a strong co-sign.

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