Lupe Fiasco was right, 'Food & Liquor II' didn't win a gramophone, nevertheless, he is still working on some new music. The Chicago rhyme-slinger announced the title of his fifth album on the red carpet at the 2013 Grammy Awards.

Fiasco told FuseTV that he's putting the follow-up album, 'Food & Liquor II: The Great American Rap Album Pt. 2,' on hold and working on a new project. "A lot of the music we did for it, we're just kind of putting in the safe. We're starting with a new album that's called 'Tetsuo & Youth.' It's a different angle and twist," he states.

According to GoWhereHipHop, Tetsuo is in reference to Tetsuo Shima, a fictional character from the popular 'Akira' anime franchise. Fiasco didn't elaborate further on the concept of his next album.

Last month, Fiasco tweeted that he was canceling the release of 'Food & Liquor II.' In the meantime he's touring as part of his group Soundclash with DJ Sky Gellatly. As for his LP, 'Food & Liquor II: The Great American Rap Album, Pt.1,' it was nominated in the Best Rap Album category but lost to Drake's 'Take Care' album.

Watch Lupe Fiasco's 'Words I Never Said' Video Feat. Skylar Grey