Read: Philly Police wants to bail the rapper out

The rapper who is reportedly $53m indebted, was pictured at Jacob & Co., an expensive jewelry store in New York City.

The photos show the father-or-02 who seems to have been off kilter for the past week, sipping champagne and eyeing ridiculously expensive diamond watches.

TMZ reports that the store is known for watches that reportedly cost as much as a small house.

Further speculations had revealed that the rapper has been sinking in millions of dollars into his new home which had earlier been estimated to cost $20m.

Read: Is the rapper openly lying to the world about being broke?

We just may have found out why no one is eager to help him out in his alleged dire straits.