Everyone's favorite hip-hop eccentric of the moment, Riff Raff, has apparently inked a deal with the folks over at Mad Decent, according to Fuse. And to celebrate the new signing, label head Diplo put a deposit down on a $45,000 chain for the Houston native. He took to his Twitter account to break the news a few days ago, and you can peep the tweet about the chain below. Sounds pretty outrageous and fitting, given that it'll soon be hanging around Riff Raff's neck.

Dropping deposit on @RiFFRaFF_SODMG 45k @maddecent chain today. Egyptian blacklight amethysts and nepalese mayonaise tinted topaz galore

— dıpןo (@diplo) May 8, 2012

RELATED: Superglued - Diplo Concert Photos, Videos, and Tickets
RELATED: Do Androids Dance? - Mad Decent Brought Their Block Party to South Africa

[via FUSE]