Not long after Joe Budden's shock exit from Complex and Everyday Struggle, we got rumors that he was joining Diddy and Revolt on a $5 million deal.

Then Diddy posted a New Years video with Budden in which he implied Joe would be joining Revolt.

Puff was on The Breakfast Club today.  During his chat, Charlamagne Tha God asked him point blank if Joe had signed a $5 million deal.

"No. I don't know where these numbers are coming from," Diddy said.

Then he added that they don't have a deal at all, although they are trying to work on one.

"Trying to get it together. It just takes time. You can't really go and do a deal overnight," he explained. "If it works out, it works out. I hope it works out."

Diddy talks Joe and Revolt at about the 28-minute mark.