After the release of its Back To The Bando mixtape, Migos announced that it is no longer with 300 Entertainment.

“B2TB @LiveMixtapes out now,” the group writes on Twitter. “No business with 300ent! YRN QC independent. Big announcement coming soon.”

YRN stands for Yung Rich Niggas. QC is Quality Control Music label, the company to which Migos is signed. The imprint has a deal with 300 Entertainment.

300 Entertainment is owned by Lyor Cohen, Kevin Liles and Todd Moscowitz and has Fetty Wap, among others, on its roster.