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Bobby has pleaded not guilty and his bail has been set at $2 million….

From Page Six

“Ackquille is the driving force behind the GS9 gang,” said Special Narcotics Prosecutor Nigel Farinha in Manhattan Supreme Court, where the crew was arraigned on murder, attempted murder, assault and drug dealing raps. “He is also a violent enforcer of the gang’s activity. He’s a drug dealer, and a prolific one at that.”

Shmurda, 21, who is signed to Epic Records, a subsidiary label of Sony Music, pleaded not guilty to conspiracy to commit murder, weapon possession and drug dealing raps. Justice James Burke set bail at $2 million for Schmurda and Chad Marshall aka “Rowdy Rebel,” who is also signed to Epic Records.

Despite the serious allegations, the label is standing behind the artists and helped to retain their lawyers.