The other week Soulja Boy was Tweeting all kinds of cocky shit about securing a $400 million deal and becoming rich beyond his wildest dreams, even though he wouldn’t let on what it was and no one knew what he was talking about.

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Well turns out he HAS locked down a deal, with “in-flight gaming” company World Poker Fund, but it’s definitely not worth $400 million.

In fact the company itself is valued at $53 million and lost over $400,000 last year, so paying him that much would be impossible.

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What really happened was that Soulja Boy received 1.5 million shares in the company to promote it, and as one share is currently worth $1.70, Soula Boy’s holdings round up to about $2.5 million.

Not too shabby… but not in the same stratosphere as $400 million.

World Poker Fund spokesperson Matthew Bird told Forbes:

He really kind of jumped the gun. The deal is capped at $400 million, and it’s based on a forward-thinking valuation of the company. He’s young, he’s 25 years old. He got really excited, and he tweeted something he probably shouldn’t have tweeted. He was getting a lot of pressure from within the entertainment community, so he wanted to put a statement out.

Shocking stuff from Soulja Boy though. The guy has some serious balls to come out with a blatant lie like that. To sign a deal worth $2.5 million and then Tweet this out to your 5 million followers:

Low balled yeah? Well I guess when you say you’ve made $400 million but really it’s only $2.5 million that is kind of a low ball. Serious guts to come out and say that though, especially when you know the true number will come out eventually. Well it did come out. Only a few weeks later. And now he looks like a twat.

Never forget: