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The 33-year-old Grammy winner, born Jeffery Lamar Williams, has spent more than 900 days behind bars since his arrest on racketeering and gang-related charges.
In May 2022, prosecutors alleged the rap label he founded was a front for an organised crime syndicate responsible for "75 to 80% of violent crime" in Atlanta.
He was sentenced on Thursday to time served and 15 years of probation, and jail records show he was released later that night.
Prosecutors had planned to recommend a sentence of 45 years, including 25 in custody and 20 on probation.
But the plea negotiations were unsuccessful, and Superior Court Judge Paige Whitaker instead chose his punishment, commuting his sentence to the time he has already served, paving the way for his release.