Diddy Loses $20k Jewelry Item at 106 & Park

 Sean “Diddy” Combs’ recent promotional stop at BET’s 106 and Park came with a heavy price when the mogul accidentally threw away a ring worth $20,000.

The blunder happened while Diddy appeared on stage with his new group Dirty Money. The trio threw promotional bills mixed with real money into the crowd as they made their way on stage.

During the “making it rain” session, Combs’ ring mistakenly came off and was picked up by an unknown party.

Afterward, the audience was frisked one by one in an effort to locate the expensive item. Unfortunately, the security team failed to find the ring.

Combs took the financial loss in stride, and voiced his disappointment on Twitter .

“The craziest s**t just happened to me lol,” Diddy tweeted. “I guess its s**ttin on me season. Enjoy it while it lasts!!!! Lol Life is crazy!”

Regarding the new album Last Train to Paris, Diddy framed his new label home Interscope as the place where he will create a new music dynasty.

“Nothing has really changed, it’s just the future. The best way I can explain it is when Kevin Garnett was playing for the Timberwolves and he got traded to the Celtics," Combs stated. "I’m going for my ring right now, my championship…I’m not out here trying to sing like I’m Trey Songz, Usher, or Luther Vandross. It’s more the emotions that are going on in my head and using my voice as an instrument.”

Diddy’s Last Train to Paris is set to drop in early 2010 on Bad Boy/Interscope.