Rain has shut down rumors of his parting methods along with his company’s rookie boy group Ciipher.

On November 29, one information outlet reported that Rain was stepping down from his place as CEO of Rain Company, the place he personally produced the boy group Ciipher final yr. The report additionally claimed that Rain could be transferring Ciipher’s administration rights to a different company.

However, Rain Company firmly denied the report, stating, “The exclusive report that was published by a news outlet today is entirely groundless.”

“It is not true that Rain is stepping down from his position as CEO of the agency or that Ciipher’s management rights have been transferred to another agency,” continued the company, emphasizing, “We are letting you know that there has been absolutely no discussion whatsoever related to Ciipher moving to another agency.”

Watch Rain and Ciipher’s Tan of their drama “Ghost Doctor” with subtitles under:

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