Towkio has issued a statement in response to the recently disclosed sexual assault allegation against him.

Over the weekend, Twitter user @pppermint detailed an alleged assault by the Savemoney crew member, which she says occurred in February 2016.

"I arrived to Preston's apartment and he coerced me into having sex with him," @pppermint said in a series of tweets Sunday. "He stressed that his two roommates were gone and that we could be 'as loud as we wanted'...I said no, at least, five times. It got to the point where he stood up and literally was pulling my arms to lead me into his bedroom. I figured, if I had sex with him he would stop pressuring me...Eventually, I gave in to his coerciveness. We started to have sex and after about 10 minutes, it was extremely painful. I was so scared. I could not take the pain anymore of him penetrating my body..."

At this point, @pppermint said, she told Towkio (Preston Oshita) to stop but he "continued to penetrate me."

In a statement shared via Twitter Sunday night, Towkio said he was "deeply saddened" by the allegations. "While I absolutely deny these horrible allegations, I feel awful that I would be a source of pain for her," he said, adding that he hopes to speak about this in person "in a place where she feels comfortable." See the statement in full below.

The same Twitter user also detailed an alleged 2011 incident involving Chance the Rapper's drummer, later sharing screenshots of what she says was his DM'd response to her taking the story public:

Also over the weekend, fellow Savemoney affiliate Chance the Rapper gave a statement adding a bit more context to comments he made about R. Kelly during a taped interview with Jamilah Lemieux. "The quote was taken out of context, but the truth is any of us who ever ignored the R. Kelly stories, or ever believed he was being set up/attacked by the system (as black men often are) were doing so at the detriment of black women and girls," Chance, who also shared a longer clip of the interview in question, said. "I apologize to all of his survivors for working with him and for taking this long to speak out."