50 Cent has slammed allegations he orchestrated an attack on rapper Slowbucks to steal his gold chain following an incident onstage at the recent Summer Jam concert in New Jersey.

The In Da Club hitmaker was performing at the annual hip-hop festival on 1 June (14) when a fight broke out towards the back of the stage after Slowbucks was reportedly banned from the area.

He later claimed his chain had been yanked by a 50 Cent affiliate in the altercation and blamed the superstar for the snatched jewellery, but now 50 is hitting back, insisting he has no reason to steal.

In a video clip released to Tmz.com, the multi-millionaire G-Unit frontman addresses Slowbucks directly and blasts the false accusations, stating, "Stop telling Tmz I can keep your chain boy. I don't snatch chains, this don't make no sense (sic)."