As previously speculated [click to read], Busta Rhymes has inked a new deal with Universal Motown, and is readying an album for a December release.

The album, known most recently by the title Blessed, has now reverted to the original title Back on My Bullshit or B.O.M.B., reports Billboard.com.

Reports surfaced as early as July on ThisIs50.com saying that Hip Hop legend Busta Rhymes would be leaving Aftermath/Interscope, though it had never been confirmed.

Busta admitted to the split this past weekend on New York’s Hot 97 radio station, saying, “Me and (Dr.) Dre are still good, even though I’m not in business with Aftermath or Interscope.

 “I just want the world to know it’s official,” added Rhymes.

The first single for B.O.M.B. is “Arab Money” [click to listen].