After more than a decade together, YG Entertainment announced it had terminated its contract with Seungri as the BIGBANG singer is currently being investigated by police for supplying prostitution services following a raid of a Seoul club controlled by the star. The 28-year-old was booked by local police on March 11. Seungri had previously announced his retirement from the entertainment industry that same day in an Instagram post, reportedly without YG's knowledge. YG Entertainment is currently home to internationally beloved K-pop acts like CL, WINNER, iKON, BLACKPINK and more. The company did not return Billboard's multiple requests for comment.