Lil Wayne Disses YMCMB & Birdman [VIDEO]: 'F**k Cash Money & Releases Tha Carter V Album

Rapper Lil Wayne slammed his former mentor and friend, Birdman during a show after promising fans the release of his long awaited Tha Carter V album.

In the viral video, the rapper grabs the microphone and slams his Cash Money label, "I'm about to turn y'all up one second. You already know what it is. Free Weezy album coming soon, Carter V album coming soon, F**k Cash Money," he said before dropping the microphone.

A video posted by The Shade Room (@theshaderoominc) on Apr 3, 2015 at 1:03am PDT

"YMCMB" is now "CMBRG" according to Birdman. The Cash Money CEO announced on his Instagram the new name change on his Instagram account.

March 7, Birdman added fuel to the fire to his ongoing beef with Lollipop rapper Lil Wayne hinted that he's dropping the "Young Money" name from their label.

Birdman captioned the plaque filled with his label's accolades throughout the years in his Throwback Thursday post, "500million sold real nigga Rich shit in middle of tha ocean kant see dry land lifestyle Bitch so far ahead Blatt CMBRG."

In an interview with Rolling Stone magazine, the rapper didn't say much about his ongoing legal woes with his label and explained his December "I'm a prisoner" tweet was referring to his sex life and not his frustration over the delay of his "Tha Carter V" album, "I love being a prisoner in some pussy. That's what I meant." He says before admitting that he "numbs" out the drama, "I'm human," he says. "But it's nothing that a good blunt can't cure."

The rapper claims the project is finished and that it's now kept for a raniy day by Birdman, "It's super-done," he says. "Cake baked, icing on top, name on top, candles lit. I would have released it yesterday if I could. But it's a dead subject right now. It's a jewel in the safe. It's that stash-house money."

Dec. 11, 2014, Lil Wayne tweeted, "YM! That's it. Nothing else."

The beef started when the rapper took to twitter to vent his frustrations about his album delays and slammed the YMCMB CEO's for the push backs.

"To all my fans, I want u to know that my album won't and hasn't been released bekuz Baby & Cash Money Rec. refuse to release it," he tweeted Dec. 4, "This is not my fault. I am truly and deeply sorry to all my fans but most of all to myself and my family for putting us in this situation."

The rapper admitted that he wanted to be released from his contract and wants to move on after many years with the label, "I want off this label and nothing to do with these people but unfortunately it ain't that easy," she said, "I am a prisoner and so is my creativity Again, I am truly sorry and I don't blame ya if ya fed up with waiting 4 me & this album. But thk u."