The Rap Artist Gucci Mane borrowed  a diamond pinky ring worth $130,000.00 and a diamond bracelet worth $110,000.00 from the New York Jewelry Company  Rafaello & Co but failed to make payment within 15 days as promised.
Mr. Mane was sued by the Company and the court awarded them a settlement of $274,523.00 against Gucci Mane because he failed to appear in court, a lien was placed on the Rappers property until payment was made in full.