UPDATE: Lil Wayne Comes Clean On Jay-Z Diss, "There Won't Be Any Repercussions Behind What I Did"

Grammy-winning rapper Lil Wayne has come forward to address his new "I'm Good" Carter IV record and admit he is unfazed by the hype surrounding the shota fired at Jay-Z.

While he acknowledges the song's post-release impact, Weezy said there is no looking back now.

"I know there won't be any repercussions behind what I did," says a confident Wayne when asked if he had second thoughts about recording his acidic verse for 'It 's Good.' "I know for a fact music is about perception. You can't do anything but perceive what you hear. I know that for a fact. So I can't ever be upset about someone's reaction." Wayne added that while he understands the intrigue and buzz behind the record, it's just another song. "I'm not going to say I don't know what would happen before I even say [something on record]," he explains. "I do know what will happen. I'm aware of it. But it is what it is." (VIBE)

Despite getting featured on the track, Jadakiss has already separated himself from the potential beef.

"Yall hating a** c*cksuckers better chill..they only sent me a track wit NO verses and I recorded that verse 3 months ago! #leavemeoutofit"

"When I DISS n*ggas or have a problem Wit ANY RAPPER I SAY THere NAMES without hesitation and YALL know this already!"

"On my way back to NY,pardon the outburst but N*ggas Know Better! #anybodycangetit" (Jadakiss' Twitter)

Yesterday, Wayne's Carter IV track leaked online with his verse taking aim at Jay.

"Talkin' 'bout baby money, I gotcha baby money," Wayne raps. "Kidnap your b*tch get that how much you love your lady money / I know you fake, n*gga / Press your brakes, n*gga / I'll take you out, that's a date, n*gga / I'm a grown a** blood, stop playing with me / Play a**hole, and get an a** whippin' / I think you pussycat, hello kitty." ("It's Good")

In March, Wayne offered his initial take of Jay's "Baby Money" reference from "H.A.M."

According to Weezy, who heard the track personally through Kanye West, he isn't looking to start another competition with Jay. Wayne told MTV News that he didn't ask 'Ye about the alleged dig: "I wouldn't ask him about a Jay-Z line because he's not Jay-Z." That doesn't mean Wayne wouldn't respond to the line, even if he hasn't returned fire just yet. "Me and my wit, given my wit, I would probably play off of it," Wayne explained. "But I wouldn't make it a competition, because actually, the subject that he's talking about in that line, I can't box with the card. I'd be the first one to tell you that, given my wit, and the type of person that I am, I'd capitalize and I'd play off of it. Yeah, I definitely would." (MTV)