Bobby Shmurda called into Hot 97 to speak with Ebro yesterday (October 23) and explained what his situation is with his $2 million bail. The New York rapper says that the court is not accepting collateral.

“They want 100 percent,” he says. “They don’t want 25 percent. They don’t want 40 percent. They don’t want 50. They want the whole $2 million.”

In December, Shmurda was arrested with members of his GS9 crew on weapons and murder charges.

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Earlier this month, L.A. Reid, CEO of Epic Records, spoke about not being able to pay Bobby Shmurda’s bail.

“It’s not the industry that it once was,” he said. “We seriously don’t make the money weused to make.”

Ebro asked Shmurda about Reid’s comments and his relationship with the CEO.

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“I haven’t been in contact with them in a long time,” the “Hot Nigga” rapper says.

Shmurda’s mother is also on the phone call and says that she has been in touch with some of the label’s representatives.

“They’re at the same stage that we’re at from the beginning,” she says. “Epic doesn’t have the power to sign for that much.”

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At the end of the conversation, Shmurda shares his advice for kids listening to his music and looking up to him.

“My music is not for nobody to go react or something,” he says. “This is something that I’ve been through. This is where I come from. A lot of people don’t come from where I come from, but a lot do. The people that do come from where I come from, it don’t make it right to the things I talk about, to go outside and do it. It’s ok to be out there in the club be dancing, be having fun, but that’s about it. Don’t take it farther than the club. Right now, these people in New York, they not playing with us right now.”

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For additional Bobby Shmurda coverage, watch the following DX Daily:

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