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Video After The Jump

The rumors of T-Pain leaving Konvict Music to join Lil Wayne's Young Money record label have been floating around for several months.

Jeweler Gabriel Jacobs initially let the cat out of the bag in December when he told VladTV that he had just designed a YM chain for the singer.

"T-Pain's about to sign to Young Money," Jacobs said at the time. "He better, after doing this. So you see it's all blacked out. It's all natural, red rubies, black diamonds. We gotta put a red ruby necklace on this thing. The pendant is worth around $45,000 and when it's with its chain, it will cost $100,000."

In a new interview Akon confirms that 'RevolveR' is Pain's last album on his label.

"That's Pain's business decision," Akon said of the move to Young Money. "We got one one more album which is the one he's about to release now. After that Pain is free. He's his own man, his own entrepreneur. Decisions from this point he has to make them on his own. I'm happy for him whichever way he goes. That's my little brother, he gets the support from us."