You’ll recall Ginuwine was reportedly close to filing bankruptcy! And reports allude his estranged wife Solé has a part in it. But he claims she had nothing to do with it! Find out what he has to say about the whole ordeal and check out a new pic of Ludacris‘ “break baby” inside…

R&B singer Ginuwine seems to have fallen on hard times financially. And it was mplied, his estranged wife Solé may have been the reason as to why he’s coming up short.

The “Pony” singer (real name Elgin Baylor Lumpkin) apparently owes $300,000 in back income taxes and his attorney claims he’s close to filing bankruptcy! We learned of his financial troubles after a lawsuit was brought against the singer by Robert Reives, the executive producer of the Ginuwine’s 1996 debut album, The Bachelor. And he’s seeking as much as $250,000 in royalties.

A former member of tells TheYBF.com, his estranged wife Solé (real name Tonya M. Lumpkin) was allegedly Ginuwine’s business manager (or acted like she was) for several years. She was the main point of contact for promoters/event planners/venues who wanted to book Ginuwine to perform.

The business-manager relationship began to fizzle some time this past spring. He allegedly raked in at least $75k-100k/month while performing overseas and elsewhere. He would allegedly do shows for $25,000 a pop, and would have at least 3-5 booked every month. So…what could have happened?

Now, Ginuwine is speaking out in defense of his estranged wife, confirming she’s not the “bad guy” in the situation and that they’re currently working towards coming to their own amicable terms for their pending separation. He took to his Instagram and wrote: