Back in 2011 super producer Timbaland lost a million dollar watch, that was rumored to have been stolen by a member of his wife's family [click here if you missed that].
After two years Tim is suing his insurance company for rejecting his claim on the loss..
From TMZ
According to a lawsuit filed against American Home Assurance Company last month, the music mogul claims he paid over $50,000 to take out a policy with AHA back in May 2010. Timbaland says the policy covered a slew of expensive items, including his Jacob & Co. 18K white gold watch, loaded with over 30 CARATS of diamonds!!!
In the suit, Timbaland claims he lost the watch in August 2010 and filed a claim with AHA -- and even testified under oath that it was missing -- but the company DENIED his request and hasn't paid a dime.
But there's a twist ... this is the SAME watch Timbaland reported stolen two years ago -- which is when his family called the cops ... claiming he was so distraught by the loss they feared he might commit suicide. Timbaland was adamant he never planned to kill himself.
In the suit, the rapper says he believes (and testified under oath) it was his two-and-a-half-year-old daughter who "picked [the watch] up and played with it until she became bored and discarded it somewhere."
He adds, "It has never been found."
Timbaland is suing for $1.8 million -- the value of the watch -- plus interest and attorneys' fees.
