OK so it turns out that the situation between Lil Wayne and a New Orleans jeweler has been resolved amicably. Weezy had purchased a ring and a chain costing over $160,000 but had only paid the jeweler $24,000 and had agreed to pay the remainder of the balance off monthly(Obviously on a Cash Money Layaway Plan) Anyhow turns out that the agreement will see Weezy hand back over the $138,000 ring and the reminder of the cash.