In breaking news, Diddy has been denied bail and must remain in jail until the commencement of his trial.

As reported, the embattled mogul (born Sean Combs) has been indicted on federal charges of racketeering conspiracy, sex trafficking by force, fraud or coercion, and transportation to engage in prostitution.

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Despite pleading not guilty and promising to pay millions of dollars as collateral, the Bad Boy founder was denied bail by the presiding judge.

His attorney Marc Agnifilo spoke outside the courthouse, vowing to fight for his release on bail.

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