Jay Z

Jay Z performs on stage at Oslo Spektrum during his Magna Carter World Tour 2013 on October 23, 2013 in Oslo, Norway.

Nigel Waldron/WireImage

Close to a month after police reportedly confiscated a collection of stolen old Jay Z master recordings, TMZ reports that Jay Z's camp will not press criminal extortion charges against engineer Chauncey Mahan.

In April, Mahan was detained by police for allegedly stealing and holding for ransom the recordings, which date back to 2002 and are worth $20 million. LAPD held on to the recordings until further investigation. 

Jay Z Involved In Extortion Plot Over Master Recordings: Report

Now that Jay's camp will not pursue charges, law enforcement tells TMZ that they'll close investigation and continue to hold on the recordings until a civil judge steps in.

Mahan denied charges of stealing the recordings.

Shortly after reports surfaced, Just Blaze took to Twitter (via Pitchfork) to speak on Mahan's past mistakes: "Chauncey stayed effing up. Big part of the reason Hip & I brought in Guru… I'll never forget the day Chaunce stepped to Duro wanting to fight lol. This guy ruined every tape transfer for the Dynasty Album."

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