Federal investigators searched the New York offices of Murder Inc., the record label home of Ja Rule and Ashanti, on Friday as part of an ongoing investigation into label head Irv Gotti, according to The Los Angeles Times.

On Saturday, the newspaper reported that a yearlong investigation into an alleged financial link between Gotti and a New York drug gang called the "Supreme Team" led to the raid. Authorities are reportedly investigating whether or not money from drug tafficking helped Gotti, real name Irving Lorenzo, break into the music business. Specifically, authorities are reportedly investigating an alleged link between Gotti and Kenneth McGriff, the convicted head of the Supreme Team.

The Times also reported that authorities are looking into allegations of money laundering and a number of attacks as part of their investigation.

Agents from the FBI and the New York Police Department reportedly seized computers and documents during the raid, according to the Times.

McGriff -- who co-produced and co-wrote the Murder Inc. film "Crime Partners 2000" -- was reportedly arrested in 1988 and eventually convicted on federal narcotics conspiracy charges.

MTV News will have more on this story.