*An ex-business partner of Russell Simmons is accusing him of secretly funneling money from Run Athletics into a separate account.

Simmons has responded to the allegation, calling his ex-partner Rasheed Young a “disgruntled employee.”

Young is the former president of Run Athletics and threatened to sue Russell Simmons and his brother Rev Run, reports The Urban Daily.

Simmons said, “[Rasheed] worked for me … I fought to keep his job … and I’m sorry he’s disgruntled, but that’s what happens. Anyone can say anything if a celebrity’s name’s attached to it … there’s nothing I can do about it … it’s false.

“We never stole any money from anybody.”