Last week, Blac Youngsta was detained by police after withdrawing $200,000 cash from a Wells Fargo branch in Atlanta, and now the bank is refuting those reports, claiming the rapper doesn't even have an account with them.

According to 11Alive, Wells Fargo’s Southest Communication Manager Crystal Drake released a statement saying that Blac Youngsta, real name Sammie Benson, does not have an account with the bank nor did he enter the establishment to make a withdrawal. Drake also refutes claims by the police that when they responded to incident, the bank failed to give them an adequate description of the forgery suspect in question. It reads:

"Mr. Benson is not an account holder with us. He did not enter our store nor did he make any withdrawals. A fraudulent incident did occur in the store so in the best interest of our customer, we reported it to law enforcement right away and as a result, a suspect was apprehended and the customer was not the victim of fraud. Mr. Benson was not a party to the fraudulent incident.

We’re confident that our description of the suspect was appropriate. It is documented in the police report. We encourage you to review it."

The actual suspect, 39-year-old Charles Darnell, was later arrested and charged with first degree forgery after Blac Youngsta, who has yet to respond to the statement made by Wells Fargo, was released.

On Wednesday (Jan. 13), Black Youngsta went on his Instagram account to show proof that he did indeed have account with Wells Fargo but, mysteriously, they shut it down. In a photo, the Memphis rhymer shared a letter from the bank stating that his account is no long active.

"DAMN THIS S--- CRAZY, @WELLSFARGO SHUT MY S--- DOWN CUZ OF A "BUSINESS DECISION" GUESS THEY RIGHT, I AINT GOT A ACCOUNT," he wrote in the caption.

No worries, however, because Blac has found a new home for his money. The "I Swear to God" rapper is now banking with Bank of America. "Taking my talents to @BankofAmerica," he writes.

We wonder if Bank of America offered him a complementary checkbook for his troubles? We are just saying.

What do you think? Was Blac Youngsta's banking incident fake or is Wells Fargo trying to separate themselves from this PR nightmare? Tell us in the comments below.

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