Dappy has dismissed speculation that he is facing bankruptcy.

Recent reports suggested that the UK rapper has been landed in hot water over an unpaid tax bill, which could send him into financial ruin.

However, he took to Twitter on Sunday (December 8) to distance himself from talk of bankruptcy. He said:

"WTF is all this bullshhhhhhh in the Paper!!!!!! I just got a quarter of a Mill!!!! Plus my New record deal is on Da Table!!! #FarFromB."

Dappy added: "I got doe now and always will have!!!!!! If your talented you'll always be financially stable!!!!! #Tarzan3."

It's not been the best of weeks for Dappy, however. The N-Dubz man was recently taken to hospital after being kicked in the face by a horse on the grounds of his Hertfordshire home.

A petition was then launched by the public to see the animal in question be given the Outstanding Contribution to Music award at next year's BRITs.