*It looks like Prince is gonna have to fork over some serious funds to a perfume company that’s holding him responsible for stifling their efforts to market a perfume name after his “3121” CD (see photo below).

The AP says a court referee recommended that approximately $3.95 million be awarded which would have to be confirmed by another judge.

Prince’s lawyer told the New York Law Journal the singer and songwriter will do what’s necessary to keep the suggested award from being confirmed.

Huntingdon Valley, Pennsylvania based Revelations Perfume and Cosmetics Inc. says it licensed Prince’s name and likeness along with the album title “3121” to market its fragrance in 2006. However, the company claims Prince broke his promise to help in the promotion of product after its July 2007 launch.