Lil Wayne has taken out a $1.5 million loan to help pay for the $2 million he owes to a private jet company, TMZ reports.
The New Orleans rapper is using his private Miami skate part as collateral.
The site says this means that Lil Wayne will retain the artwork and other possessions that were taken by police when they raided his home earlier this month. They reportedly took signed football helmets and at least one of his Cash Money plaques.
For additional Lil Wayne coverage, watch the following DX Daily:
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