Although Diddy is said to have a net worth of $1 billion, recent revelations about his bank loans have raised concerns.

According to the publication in daily mail The music entrepreneur on Friday secured bank loans totaling $140 million to purchase luxury homes in Miami and Los Angeles that home security agencies seized earlier this week in an alleged sex trafficking operation.

They went on to say that this could be the largest home loan a Hollywood star has ever received.

In addition to a $23 million loan that must be repaid in 2029, Diddy reportedly owes $100 million, all of which must be paid back over the next five years.

The information was released in response to a report from TMZ on Monday that federal officers searched the rapper’s house while having helicopters hover over it.

“Earlier today, Homeland Security Investigations (HSI) New York, with assistance from Homeland Security Investigations Los Angeles, Homeland Security Investigations Miami and our local law enforcement partners, conducted an enforcement operation as part of an ongoing investigation. We Further information will be provided as it becomes available,” a Homeland Security Investigations representative told PEOPLE in a statement.

Additionally, a video obtained by FOX11 shows Diddy’s sons, Christian “The King” Combs, 25, and Justin Combs, 30, standing in handcuffs outside their house.