Bad Boy mogul Sean "P. Diddy" Combs is leaving Warner Music Group for Interscope Records.

According to a source at Interscope, Puff will be releasing his upcoming album Last Train To Paris, under the label that originally housed his '90s nemesis, Death Row Records.

Combs closed out his deal with Interscope last week in New York, our source says. He has just flown into Los Angeles for further negotiations.

Calls and emails to Interscope's PR department were not returned at press time.

Stay tuned to VIBE.com for updates on this story. -Linda Hobbs