The Post’s claim that the Qatari royal family bought the record Bacon last week has already been refuted by Acquavella gallery, so this latest report has to be taken with a grain of sale. Though one would expect the NY Post to have better sources among the New York rap community than the Gulf States aristocracy:

The Brooklyn-born rap impresario was the anonymous buyer of a quirky 1982 Basquiat painting titled “Mecca’’ at Sotheby’s in Manhattan last week, a source told The Post.

Jay Z snaps up $4.5M Basquiat painting | New York Post.