Update 7:15 PM: Makonnen has released a statement to Complex regarding his departure from the label. "I cannot thank OVO, 40, Oliver, Future & Mr. Morgan, enough for all that they have done for my career. No words can express how much I appreciate Drake for being a part of the success of Tuesday. I’m sure the haters will have something negative to say, but all in all my choice to be solely on Warner Bros Records was the right thing for me and for my best interest. Sorry there’s no beef to report, DRINK MORE WATER.”

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Makonnen is no longer signed to OVO Sound, according to Billboard. Interestingly enough, the rapper's latest project, Drink More Water 6, was listed only under Warner Bros. Record's name on iTunes. If you remember, the Atlanta rapper originally signed with Drake's label back in 2014. Of course, there has been some signs lately that the relationship between the rapper and his label wasn't necessarily the best. Back in December of 2015, Makonnen gave the impression he had distanced himself from the OVO crew. "I'm just an artist, being an artist, and there's only so much that I can do," he said in an interview. He went on to hint at the fact that the label doesn't put his music out fast enough, revealing that "Second Chance" was intended to be released as a warm weather jam last summer.

Fortunately, it seems changes have no way of slowing Makonnen down. He just dropped a joint collaboration with Lil B titled "Can't Let It Go" and announced that the two will be going on tour together. He went on to thank the Based God with a heartfelt note on SoundCloud, "THANK U FOR EVERYTHING YOU HAVE DONE FOR HUMANITY! U ARE A TRUE SUPERSTAR IN HUMAN FORM SO GLAD TO CALL U MY FRIEND/ BROTHER,/MENTOR /INSPIRATION TO US ALL!!!!!! SO PROUD TO SHARE THIS TRACK WITH THE INTERNET!"