Kanye West Hospitalization Not Staged To Inherit Insurance Money, Rebuild Negative Reputation [Debunked]

Was Kanye West’s hospitalization staged to inherit up to $30 million from his insurance company?

According to a new report via the New York Post, as cited by Gossip Cop, who debunks the story, West abruptly decided to bail on his “Saint Pablo Tour” on Monday evening, before making the announcement on his official website that he had officially canceled all the remaining dates, too.

Just two hours later, it was revealed that Kanye West had been placed under a psychiatric hold before being taken to the UCLA Medical Center, with sources close to West claiming that the rapper was out of control and needed immediate professional help.

So, what this all staged for the purpose of landing $30 million from the insurance company?

Kanye West reportedly signed an insurance agreement prior to starting his tour earlier this year, which states that if the father of two was to fall sick in the midst of his duties to take to the stage, he is covered from the bills he’d be required to pay for missing a show.

In this case, however, if half a tour is canceled without valid reasons, Kanye could quite frankly be stuck in a sticky situation, for he would have to pay the $30 million in damages himself: the lighting, staging, refunding process, stage booking, etc.

According to sources via New York Post, however, Kanye West is allegedly outsmarting his insurance company, claiming he is fooling them into thinking he actually has a mental disorder to get out of his touring schedule.

“People in the music industry are speculating that Kanye West was put on a psychiatric hold to recoup insurance money for the millions he would lose by backing out of his ‘Saint Pablo Tour,'” an insider tells Page Six. “He had just canceled for no reason, no injury, no force majeure, so they were going to lose a bunch of money.”

“Kanye is crazy, but not crazy enough to not get his insurance money. [He] knows what he is doing. He went too far off with the rants. It was going to alienate his core fan base. There are real business people around him, including Kris Jenner and Kim Kardashian, who want the payday. They needed to preserve the brand this way.”

As previously revealed, there’s no actual date on when Kanye West could potentially be leaving the UCLA hospital, but reports claim that Kim Kardashian has been by his side for the majority of the time he has been at the medical center.

Things have been going downhill for Kanye West since his infamous feud with Taylor Swift kicked off earlier this year, where people were under the impression that the rapper was trying to force the singer to say something that wasn’t true by any means.

His hit song “Famous” caused controversy over the lyrics, “I feel like me and Taylor might still have sex — why? I made that b***h famous.”

While Taylor was somewhat happy with the context of the song, she never agreed, nor was she informed, of the line where she’s named in a derogatory manner, which eventually led to one of the nastiest Hollywood feuds this year.

From there, Kanye West has experienced several meltdowns, including his disastrous Yeezy Season 4 debut in New York City, where models were passing out, clothes were falling apart, and special guests showing up three hours late.

His recent comments about backing Donald Trump, hating on Beyonce, and dissing Jay Z for never bringing over Blue Ivy to a family gathering with North and Saint West are just some of the things that evidently brought Kanye to his breaking point.

But, do you honestly believe that West would intentionally stage all of this for the sake getting out of his touring duties without being charged a hefty fee?

[Featured Image by Harry How/Getty Images]