Update: 12/7/2015 7:50 P.M. 

Rapper Young Junne sent out an apology to Master P and his No Limit label after he posted a video of himself burning his contract.

The Pittsburgh spitter took to Instagram to say, "FOR the Record I would like to give a big shout out to @officialmasterp and the No Limit records family for giving the opportunity to work with them to make music and Collaborate many times over, but sometimes when you dont see eye to eye on the creative it's best to walk away and wish the best fir others, and that's what i wish for @officialmasterp and his camp, nothing but love!! Now back to this paper #notwiththegossip #keeponmovingdontstop." 

Check out the full post via TruTankSoldiers.com in the above slide.

Source: TruTankSoldiers.com

Update: 12/7/2015 5:10 P.M.

No Limit Head A&R, Shaun Ross blasts Pittsburgh rapper, Young Junne in a viral video and apologized to Master P for working with an "ungrateful" artist. According to Trutanksoldiers.com, Ross explained that Junne was never signed and was using "gimmicks on social media for attention."

In the video Ross said, "I want to take this time to apologize to my boss and the whole No Limit family because I'm the one who brought Young Junne to No Limit and it's one of the worst things I've ever done in my life." he continued, "He is one of the most ungrateful talent. After you told me you were the hottest artist out of Pittsburgh and come to find out through social media, that was a fraud."

Watch the full clip above and sound off in the comments!

No Limit Records responds to rapper, Young Junne's recent Instagram post regarding Master P allegedly mistreating his artists. The label says Young Junne is "being ungrateful" and was never signed.

Sunday, the label exclusively told DJ Vlad that the Pittsburgh rapper was discovered by No Limit Forever A&R Mr. Ross and was invited to start recording with the team. Despite Young Junne claiming that he was refusing to sign to Master P's label after witnessing his artists sleeping in the basement of his studios and referred to their rooms as "cells," the label says they've taken care of Young Junne's finances in the past.

"While recording we provided him with money for meals, clothing, gas, countless flights to Seattle, Pittsburgh and money for many other endeavors of Junne's with no contract."

The label also stated that they never taken advantage of their artists and only offer 50/50 partnerships aside from other labels handing three sixty deals. No Limit Forever A&R Director Mr. Bursh said, "The fact of the matter is Master P doesn't benefit from working with unknown artist being he has already built a label that has sold over seventy five million records and he has dropped over ten mixtapes this year alone which makes him the hardest working artist on our label plus he's the BOSS!" Mr. Bush added, "It's unfortunate that Junne does not appreciate the opportunity he had to work and learn from one of the most Successful Hip Hop Moguls of all time."

Rapper Young Junne burns his No Limit record contract and blasts Master P for allegedly mistreating his artists and stealing his music on Instagram. Saturday, Young Junne posted an Instagram video of him addressing his issues with the 48-year-old then burning the pages.

June then wrote captioned his reasoning to back out of No Limit saying that he has turned down the contract twice before, "I am not with NoLimit anymore. I am sorry to all the No Limit fans who supported me, but I got tired of Master P taking/Stealing my music and using it for himself to attempt to become relevant again. This man called me yesterday asking me to sign a contract that I obviously turned down...twice. Master P tried to have me sign for 7 years! We all know my style of music and it already does not fit the NoLimit persona." he said.

The rapper then went on to address the mistreatment of his signed artists and claims that they were allegedly housed in his studio's basement, "One thing you should know about P is he surrounds himself around a bunch of "yes men" who are trained to not speak unless spoken to. You got all the money in the world, but yet your artists and NoLimit affiliates are living like straight s***; all of the artist live in the basement of P's studio in what feels like prison cells with paper thin walls and no privacy," he wrote, "I thought when you work for someone you get paid for it and that was NOT the case, n***** were hungry, sleeping on floors, couldn't take showers, but yet P would walk in with his thousand dollar outfits & say alright let's do a video while we all looked f***** up!"

Source: Instagram| DJ Akademiks