Call it a comeback. After years of fans asking for it, Justin Timberlake is getting that itch again and is set to drop new music as soon as next week. According to Florida’s Radio Now 97.9, the 31-year-old singer is prepping the release of a new single next Monday, possibly coming sooner at 12 p.m. EST on Thursday. Produced by Timbaland, the song is set to feature none other than Jay-Z. Back in 2011, Timberlake revealed to Vanity Fair magazine that the Brooklyn MC was to appear on his classic FutureSex/LoveSounds album in 2006. But due to conflicting schedules, the collaboration never came to fruition.

“Look, Jay-Z has put out 11 albums, and I was talking about doing a collaboration with him, and he said, ‘I can’t do it right now, but I’ll get you on the next album.’ I was like, ‘No, man, I don’t work like that. This sounded good to me for you and me to do together, and if it doesn’t work, then I totally get it, but I won’t be putting an album out next year; these aren’t a dime a dozen to me.’”

The news shouldn’t come as a complete shock as JT reportedly was in studio with Beyoncé working on new music leading up to her Super Bowl performance on February 3 in New Orleans.

UPDATE: According to industry sources, the song will premiere tomorrow on Clear Channel radio stations worldwide at 12 p.m. EST. The untitled song is produced by Timbaland.

UPDATE #2: Insiders have confirmed with Billboard that Justin Timberlake is prepping the release of a new album entirely produced by Timbaland. Set to arrive sometime this year, it’s believed the pop star has 20 new songs currently recorded.

Timberlake confirms the song’s arrival after the jump…..