Timbaland recently filed a $1.8 million claim with his insurance company over an allegedly missing watch, but the insurance company isn’t buying his story and has accused the super-producer of fraud.

As reported by TMZ, Timbaland filed a lawsuit against American Home Assurance Company claiming his 2-year-old daughter lost his Jacob & Co. watch that contains 30 carats of diamonds and is worth nearly $2 million, but the insurance company wont pay up, because they do not believe his story.

According to legal documents filed by the insurance company, Tim’s story isn’t adding up as American Home Assurance claims:

  • Timbaland bought the watch for $900,000 but insured it for TWICE the purchase price.
  • Timbaland reported the watch stolen … but 4 months later claimed his daughter misplaced it.
  • Everyone involved told a different story … the wife implicated another female, the assistant implicated the maid, the maid only copped to sleeping with Timbaland’s brother-in-law and the brother-in-law refused to cooperate. No one ever mentioned the daughter losing the watch, like Timbaland belatedly claimed.

Stay tuned to Def Sounds as we will keep you updated as the story develops.