Just weeks after admitting that "there's trouble in paradise" in regards to his marriage with Mariah Carey, Nick Cannon is allegedly already moving on with singer-songwriter, Kreesha Turner, the Inquistr reports.

According to RadarOnline, the rumored couple was first seen together last Wednesday at the launch of Chris and Adrienne Bosh's new tie line, Mr. Nice Tie, in New York City.

In addition to being his new rumored love interest, Turner is also Cannon's artist signed under his label, N' Credible Entertainment.

Turner refers to Cannon on her official website as her powerhouse manager whom she met at a club event.

"Kreesha's meeting with the mogul was completely serendipitous, as Cannon was a secret fan before it all," Turner's official website bio reads. "One fateful evening, Kreesha showed up at a club event Nick was deejaying. "As I came in, Nick shouted me out on the mic like, 'Kreesha Turner in the building!' I was like, 'How does he know who I am?'" she recalls. A meeting led to a management contract, and the rest as they say, is history."

Though Cannon is allegedly moving on, Life & Style claims that Carey is having a more difficult time dealing with the couple's recent split.

According to Life & Style sources, Mariah Carey is on the verge of a meltdown and Nick Cannon hasn't officially filed for divorce because he wants to ensure that Carey is healthy enough to help raise their children in a safe environment.

"She has a history of mental health issues," says the Life & Style insider, referring to Mariah's 2001 hospital stint for psychiatric care.

Another Life & Style source adds, "Nick's No. 1 goal is to get the kids into a healthy environment where they would have some sense of normalcy."

Nick has not responded to the Mariah Carey mental health allegations and the Kreesha Turner dating rumors.