Effen Vodka Says Despite Reports, 50 Cent Has Not Cut Ties With the Company

50 Cent is still working with Effen Vodka, despite there being reports that he sold his stake in the company for $60 million. At least that's what a rep for the brand said in a recent statement.

"Contrary to any inaccurate media reports, Effen Vodka's partnership with 50 Cent continues," the statement read.

The news about the Queens rapper selling his shares came via DJ Envy during The Breakfast Club's "Rumor Report" segment on Monday (July 17). Plus, you might've noticed that Fif hasn't been shouting the company out as much as before, nor has he been ending all of his social media posts with Effen hashtags.

“I’m still on the brand,” he wrote in the comment section of his Instagram about the reports. “I just got some cake out the deal.”

Meanwhile, the 42-year-old has done a stellar job with his Starz drama Power, since it's now been on for three years and has no signs of stopping or slowing down.  50 is still hard at work on the TV series surrounding BMF, the crew who established a cocaine distribution network that stretched throughout the United States.

In regards to Effen, 50 is still keeping tight-lipped about selling his shares, but maybe some more info on the deal will surface within the coming days.