Gucci Mane Is a Free Man Next Week

Gucci Mane will reportedly be released from Georgia's Fulton County Jail on Wednesday, May 12. On Monday, May 3, New York City radio personality Angie Martinez announced that the Atlanta rapper had little more than a week left behind bars.

In November 2009, Gucci was originally sentenced to one year in jail, after violating the terms of his probation stemming from a 2005 assault charge. During his stint behind bars, Gucci has remained extremely productive -- recording and releasing his 'Burrrprint (2)' mixtape from his jail cell, which recently entered the Billboard top 20 charts.

On Tuesday, May 4, he began preparations for his homecoming by announcing that he had parted ways with label So Icey Entertainment, as well as his management team and booking agency. Both Mizay Entertainment and Hitt Afta Hitt Enterprises are currently facing lawsuits for defrauding concert venues and promoters out of thousands of dollars.

In his statement, Gucci also made it known that he will now assume the title of President and CEO of Brick Squad 1017 Records, which houses fellow ATL rappers, Wacka Flocka Flame and OJ Da Juiceman. "I'm taking control of all of my business properties and keeping the focus on my career, my music and my artists," he said. "All the pieces to the puzzle are finally in place and once I get home it's Gucci time."