It looks like Death Row Records co-founder Suge Knight is hard up for cash. After filing bankruptcy in 2006, the once-feared label head lost all of Death Row's assets, which included original 2Pac, Dr. Dre and Snoop Dogg recordings, when they were auctioned off to the highest bidder this past summer.

Now, Knight is suing Kanye West for the loss of a $135,000 diamond earring that he claims was stolen from him during melee caused by a shooting in a Miami club. Knight was shot in the leg at West's 2005 pre-MTV Video Music Awards party. According to the lawsuit, the former mogul blames West for allowing the shooter to smuggle a weapon in the party, which Knight claims led to his shooting.

"It was reasonably foreseeable to defendants that the party would present a dangerous environment with the possibility of weapons (including firearms) being used by or against party guests given the well-known feuds that have at times pitched East Coast rap and hip-hop stars against West Coast rap and hip-hop stars, some of whom would be attending the party with their associates," the lawsuit reads. The suit goes on to add that "certain hip-hop artists who were invited to the party ... were known not to be friendly to Mr. Knight."

West has not released a statement or commented on the matter.

Kanye West Pictures

    Leslie Mann, Kanye West and Producer Judd Apatow at the Premiere of Columbia Pictures' "Pineapple Express" on July 31, 2008 at Mann Village Theatre, CA..The Premiere of Columbia Pictures' "Pineapple Express".Mann Villate Theatre .Westwood, CA United States.July 31, 2008.Photo by Eric Charbonneau/WireImage.com..To license this image (15941869), contact WireImage.com

    WireImage.com

    Leslie Mann, Kanye West and Producer Judd Apatow at the Premiere of Columbia Pictures' "Pineapple Express" on July 31, 2008 at Mann Village Theatre, CA..The Premiere of Columbia Pictures' "Pineapple Express".Mann Villate Theatre .Westwood, CA United States.July 31, 2008.Photo by Eric Charbonneau/WireImage.com..To license this image (15941868), contact WireImage.com

    WireImage.com

    Leslie Mann, Kanye West and Producer Judd Apatow at the Premiere of Columbia Pictures' "Pineapple Express" on July 31, 2008 at Mann Village Theatre, CA..The Premiere of Columbia Pictures' "Pineapple Express".Mann Villate Theatre .Westwood, CA United States.July 31, 2008.Photo by Eric Charbonneau/WireImage.com..To license this image (15941736), contact WireImage.com

    WireImage.com

    Leslie Mann, Kanye West and Producer Judd Apatow at the Premiere of Columbia Pictures' "Pineapple Express" on July 31, 2008 at Mann Village Theatre, CA..The Premiere of Columbia Pictures' "Pineapple Express".Mann Villate Theatre .Westwood, CA United States.July 31, 2008.Photo by Eric Charbonneau/WireImage.com..To license this image (15941704), contact WireImage.com

    WireImage.com

    Rapper Kanye West arrives to the premiere of Columbia Pictures "Pineapple Express" at Mann Village Theater on July 31, 2008 in Los Angeles, California..The Premiere of Columbia Pictures "Pineapple Express" - Red Carpet and After Party.Mann Village Theater.Los Angeles, CA United States.July 31, 2008.Photo by John Shearer/WireImage.com..To license this image (15941046), contact WireImage.com

    WireImage.com

    Rapper Kanye West arrives to the premiere of Columbia Pictures "Pineapple Express" at Mann Village Theater on July 31, 2008 in Los Angeles, California..The Premiere of Columbia Pictures "Pineapple Express" - Red Carpet and After Party.Mann Village Theater.Los Angeles, CA United States.July 31, 2008.Photo by John Shearer/WireImage.com..To license this image (15941045), contact WireImage.com

    WireImage.com

    Rapper Kanye West arrives to the premiere of Columbia Pictures "Pineapple Express" at Mann Village Theater on July 31, 2008 in Los Angeles, California..The Premiere of Columbia Pictures "Pineapple Express" - Red Carpet and After Party.Mann Village Theater.Los Angeles, CA United States.July 31, 2008.Photo by John Shearer/WireImage.com..To license this image (15941043), contact WireImage.com

    WireImage.com

    Kanye West arrives at the Premiere of Columbia Pictures "Pineapple Express" at the Mann Village Theater on July 31, 2008 in Los Angeles, California..The Premiere of Columbia Pictures "Pineapple Express" - Arrivals.Mann Village Theater.Los Angeles, CA United States.July 31, 2008.Photo by Steve Granitz/WireImage.com..To license this image (15940839), contact WireImage.com

    WireImage.com

    Kanye West arrives at the Premiere of Columbia Pictures "Pineapple Express" at the Mann Village Theater on July 31, 2008 in Los Angeles, California..The Premiere of Columbia Pictures "Pineapple Express" - Arrivals.Mann Village Theater.Los Angeles, CA United States.July 31, 2008.Photo by Steve Granitz/WireImage.com..To license this image (15940836), contact WireImage.com

    WireImage.com

    Kanye West arrives at the Premiere of Columbia Pictures "Pineapple Express" at the Mann Village Theater on July 31, 2008 in Los Angeles, California..The Premiere of Columbia Pictures "Pineapple Express" - Arrivals.Mann Village Theater.Los Angeles, CA United States.July 31, 2008.Photo by Steve Granitz/WireImage.com..To license this image (15940835), contact WireImage.com

    WireImage.com

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