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During a 106 & Park appearance, Diddy and Dirty Money paraded around the stage, throwing cash into the crowd. Once the audience saw that there were some real bills ($25 to $100 worth of singles) mixed in with the fake ($100 wads), a free-for-all uproar occurred. It was then that the music mogul realized his ring had flown off his finger.

“The audience went wild,” said BET spokeswoman Marcy Polanco. “We were like, ‘Oh, my God!’ ”

In the midst of the frenzy, a bewildered Combs suddenly looked down at his hands and walked out of view. (Check the :25 mark)

Staffers for 106 & Park say that the ring was worth about $20,000 and the security team came up empty-handed after frisking each audience member by using a metal-detecting wand before they exited the building. Diddy tweeted on the situation of course:

Audience members tweeted, too:

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