Earlier this week, it was reported even though the facts and findings of the investigation launched regarding racial profiling by Barneys NYC was not yet made available to Jay-Z, the rapper was still planning to move forward with his collaboration with the flagship Madison Ave. store, but with his rules as he set certain conditions that had to be met by Barneys for him to follow through with the release the “BNY SCC” Holiday Collection. With Hov standing by Barneys side, it doesn’t seem like they’re doing the same in return as the high-end Manhattan department store has pulled the plug on tomorrow nights fundraiser to celebrate their partnership.

As reported by the NY Daily News, the company that Jay-Z stood by despite allegations of racial profiling has sidestepped on the rapper and has cancelled the fundraising event for the release of the “BNY SCC” Holiday Collection, which was expected to raise at least $1 million for his Shawn Carter Foundation.

Barneys issued a statement addressing the canceled fundraiser, and blamed the cancellation of the event on “unforeseen circumstances.”

Conditions that were set by Hov for him to stand by the store in wake of racial profiling allegations included that he be given a leadership role and seat on a council specifically convened to deal with the issue of racial profiling. Also, instead of the 25% The Shawn Carter Foundation was going to receive, it would now receive 100% of the profits that would be going towards helping individuals facing socio-economic hardships to help further their education at institutions of higher learning.

As of press time, it is unclear if Jay-Z will still be involved in the council to deal with the issue of racial profiling.

Although the launch party has been cancelled, as of now, Jay-Z + Barneys “BNY SCC” Holiday Collection is still expected to be available at Barneys New York stores and Barneys.com starting tomorrow, (Wednesday, November 20th.)