Rap mogul Marion 'Suge' Knight was shot at a MTV Video Music Awards party last night (05) and rushed to hospital.

Knight, who founded rap label Death Row Records, was gunned down shortly before 1am in the VIP section of the Miami club, and is currently receiving treatment for extensive blood loss in a nearby hospital.

The bash, held by Grammy-winning hip-hop star Kanye West, was part of the weekend celebrations for tonight's (28AUG05) prestigious award ceremony.

Florida police are investigating the crime scene, but currently have no suspects.