Slowbucks visited Power 105’s The Breakfast Club Wednesday morning (June 18) to clarify one thing in the now-infamous chain-snatching incident at Summer Jam: He didn’t “snitch.”

He said it was completely reasonable for him to announce at a press conference last week that he wasinvestigating 50 Cent and co. after his chain was snatched at the show.

“If you get into a car accident and you sue, is that considered snitching?” he asked Charlamagne Tha God. “It’s the same thing. I see a lot of tough guys do that so I’m just asking. Snitching? If that person can provide some paperwork or is going to jail I’ll sign my company over. You get picked up for questioning. How you not gon’ get picked up for questioning. I got picked up for questioning. There’s no snitching on my record.”

Slowbucks filed a civil lawsuit to investigate Fif’s involvement in the tarnishing of his brand, but he confirmed that it’s been dropped. He did admit that the press conference may have not been the best move, especially since he didn’t speak for himself.

“That press conference killed me, it hurt me,” Slow said. “Honestly if I would (do it again) I’d be the one speaking like I’m speaking now. Not gon’ let nobody speak for me. The press conference actually let me know who’s who.”

After 50 Cent called him an “angry snitch” and parodied the Slowbucks SBOE (Slow Bucks Over Everything) acronym, saying that it stood for “Snitching Boy, On Everything,” Slow took a few shots at the rapper’s relevance and recent SoundScan numbers for Animal Ambition.

“He’s not the 50 that once was,” he said. “Nobody care about that music that just went brick. That’s the excuse when people do bad right? They independent. I get it. Slowbucks is what 50 wanted G-Unit to be. Bosses don’t move like that. You don’t go about stuff the way you did. This is Mr. Forbes worried about Mr. Winslow.”

While the debacle likely severed many of the streetwear proprietor’s relationships, the Queens entrepreneur spoke specifically about how he and Fabolous are still on good terms despite an alleged fight between the “Cuffin’ Season” MC and members of his crew.

“Yeah me and Fab is cool,” he said. “Everybody keep calling me about Fab. What happened with Fab is just regular stuff that happen with friends. You argue with friends, you fight with friends it happens all the time.”

As for Lloyd Banks, the G-Unit rapper he’d collaborated with in the past on “Beamer Benz or Bentley,” Slow threw in some shade.

“Banks is my brother,” he said. “Yeah, he still my brother. I just look at it like this, sometimes you just grow apart from people, sometimes it’s better off to just let people be who they are. It’s not like I’m surprised at what happened. At the end of the day, look at the situation that they in. This is someone that was just tarnishing you like he’s trying to tarnish me and you went back to that.”

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