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In an interview with Pyramid West (posted after the jump), Craig Davis, urban promotions director at Capitol Records, runs down his entire career biography….but then he gets to more current topics, and says that 50 Cent is now signed to Capitol/EMI along with Lloyd Banks.

“We got a really great roster…we just signed the 50 Cent deal over [at Capitol]….50 felt he needed to get out of the Interscope machine. He wanted to do a new change. So he got his release from there. We’re in negotiations with him, the deal just got signed very recently…and um, we got 50 Cent on our label. I think we’re gonna probably have Lloyd Banks as the first cut, and then 50’s gonna come out later on….”

Wow, Craig Davis! This is big news! Except….that it’s not true.
When I asked an insider if 50 Cent was now on Capitol/EMI….the answer was: “Hell no.

Well, damn *GucciMane voice*

Now we all know that Lloyd Banks and Tony Yayo are indie right now, but as far as the big guy is concerned, he’s still fully in contract with Shady/Aftermath/Interscope, and still has a greatest hits album to release. But even beyond that…sources say he was not in talks to sign to Capitol himself.

This moment is better represented in song…

(Ron Browz “Jumping Out the Window” LOL)

Original interview between Craig Davis/Capitol and PyramidWest (spotted at HipHopDX)