"In Da Club" hitmaker 50 Cent, whose real name is Curtis Jackson III, has been causing a lot of financial speculations recently after filing for bankruptcy in July. Now, the famous rapper is flashing bundles of cash in his social media, announcing that he is not broke.

It was just last Wednesday when 50 Cent flooded the pages of his Instagram followers as he posted a series of photos and a video showing off bundles of cash while lounging at his home amid the recently confirmed reports of his bankruptcy.

Despite all the reported financial downgrade, 50 Cent posted a series of photos of himself lying down with bundles of cash on his Instagram account. In one post, the rapper spelled out "BROKE" with $100 bills. He posted the photo on Instagram with the caption, "Man this lunch money,I gotta go to work I'm still up, no Sleep at all. NEW MUSIC this week,Off The KANAN tape.#EFFENVODKA #FRIGO #SMSAUDIO."

MarketWatch reports that the formerly named Forbes' fourth wealthiest hip-hop artist is now at $185,000 in monthly income, $33 million in debt and $25 million in assets. Not only that, 50 Cent is reportedly under one million dollars in debt from child support.

The post was speculated to be an answer to his previous filing for bankruptcy last summer, as reported by The Wall Street Journal. "This filing for personal bankruptcy protection permits Mr. Jackson to continue his involvement with various business interests and continue his work as an entertainer, while he pursues an orderly reorganization of his financial affairs," 50 Cent's lawyer William A. Brewer III said in a statement as quoted by the publication.  

Apparently, it was a strategy for the rapper to file for bankruptcy as he previously revealed in his guest appearance at the "Larry King Show" to promote his film "Southpaw." 

"It's a move that was necessary for me to make at this point so I didn't allow myself to create that big red and white bull's-eye on my back, where I become the person that people consistently come to," he said back in July as quoted by Business Insider.

Although there are still no official statements answering the current financial status of 50 Cent, his Connecticut mansion was however reported to be slashed selling it from $18.5 million down to $8.5 million, according to a another report from Business Insider.   

Forbes previously estimated 50 Cent's net worth at $155 million.