It look like B.G. will be sentenced in June and begin serving his time from a conviction that was handed down about a year ago.  It's all stems from a 2009 arrest, where he and two other men were caught in a stolen vehicle.

B.G.-myspace.com

To make matters even worse they had a few guns, two of which were stolen and extra clips.  Plus, there's a matter of witness tampering as well.  Get all the details now.  Scroll down to hear Tha Wire.

Diddy and his son Justin-getty images

In other news, it's graduation time once again and one celebrity dad is overjoyed.  Diddy's son Justin, of whom he named his restaurant chain after, is 18 now and just graduated from high school.  He's gotta pretty bright future ahead of him too.  Not just because of who his daddy is, rather Justin's got some skillz of his own.  Find out what he'll be up to in the Fall.

Meanwhile, Wyclef Jean has been inadvertently indicated in money laundering scheme involving incarcerated music exec

Wyclef Jean-getty images

James "Jimmy Henchman" Rosemond.  Find out why and what the connection between the two is.  Get it all now with Tha Wire, press play:

HERE'S TODAY'S BONUS STORY:

Kanye West along with his new Boo, G.O.O.D. Music crew and fellow Throne hommie Jay-Z was hanging out at the Cannes Film Festival last night.  Why?  Because, Ye premiered his new movie "Cruel Summer".  Though details on the film are being heavily guarded, GQ Senior Editor Logan Hill spilled the beans.  He took to twitter saying, "Cruel Summer is the story of a Lamborghini car thief who falls for a beautiful blind Arabic girl who's father will let them.....marry if he can help her see.  So he (Kid Cudi) does using strings that lead her around palace to play music. @kanyewest talk synesthesia."