R&B singer Lloyd has parted ways with his longtime label home at The Inc.

After releasing three albums with Irv Gotti’s imprint, Lloyds insists the split was amicable.

He tells AllHipHop.com, “I’m ready for a change. There’s no bad blood. I just feel I need to take more control over my career and get a fresh start. Hopefully Irv can understand my position.”

Lloyd’s manager, Henry ‘Noonie’ Lee, adds: “Even though Lloyd is appreciative of the opportunity that has been afforded him by The Inc, he feels it’s time for him to move on and seek opportunities that will allow him to build and enhance his brand.”

Lloyd’s departure comes just a month after Ashanti reportedly walked out of her contract with Irv & Co.

Irv Gotti recently addressed Eminem’s placement on VIBE’s “Best Rapper Alive” list and questioned the rapper’s emcee skills as compared to Jay-Z and Ja Rule.

Ok, we were with you on Jay, Irv, but you’d rank Ja Rule above Em? Blasphemy!

Claiming his opinion is not based on their previous beef, Irv explained his gripe in an interview with MTV News.

“Vibe did a thing and they had him as the No. 1 rapper,” Gotti said. “Shit like that kinda pisses me off. You know why? Because let’s take Eminem’s records. Watch my analogy. Eminem is a great artist, no doubt. He puts words together, he’s witty, a smart lyricist, a great lyricist. But how can we say the guy is the best rapper alive? Look at Hov…I been to battles with [DMX], Jay and Ja, that was some real shit. Homie, you wouldn’t been able to survive…I say take Eminem, and let him say ‘Hard Knock Life.’ Still hot. Now, let’s have Jay-Z say the ‘We Made You’ song. They would laugh him out the fucking building…It would be over.”

Ashanti is about to be ass out at The Inc.

The Grammy Award-winning singer — who will appear in a new revival of Broadway’s The Wiz this summer — is about to be handed her walking papers from her boss — and alleged former lover — Irv Gotti.

“The relationship has run its course,” Irv explained earlier this week while visiting the MTV offices. “The chemistry of what’s needed — we’re in two totally different places. You’re talking to somebody that took her and shaped and molded her and put her out there for the world, and it blew up. We [hold the record] for the [fastest] selling debut by a female R&B artist — 503 [thousand]. We did it! My views and philosophies and her views and philosophies are not meeting up.”

Ashanti’s last LP, The Declaration, was released last June after being created with virtually no input from Gotti.

“I don’t think she can win. She needs some guidance with that,” Gotti — who appears on the VH1 reality series Gotti’s Way added. “But she’s not thinking like that. Really, I couldn’t tell you what she’s thinking. So that relationship has run its course and honestly, I’m gonna just drop her.”