Dappy is reportedly going on Celebrity Big Brother to avoid bankruptcy.

N-Dubz star Dappy has denied reports he is heading into the Celebrity Big Brother house to avoid bankruptcy.

The British rapper hit out claims that he was experiencing financial woes and relying on a £100,000 pay day from the Channel 5 reality show to save him from ruin.

Dappy, whose real name is Costadinos Contostavlos, has had eight top 40 hits on the UK Singles Chart, with bandmates Tulisa and Fazor.

The controversial star, known for his love of hats, is said to have been offered a mammoth pay check to grace our screens when CBB returned to our screen in January.

"WTF is all this bullshhhhhhh in the paper!!!!!! I just got a quarter of a mill!!!! Plus my new record deal is on da table!!!," he furiously tweeted.

The 26-year-old added: "I got doe (dough) now and always will have!!!!!! If your talented you'll always be financially stable!!!

Dappy previously launched a scathing attack on reality shows saying: "You go on I'm A Celeb or Celebrity Big Brother when your career is fading away. It's a disgrace"

The bankruptcy reports cap off a turbulent few months for the star.

In January, Dappy was given a six-month suspended sentence and 150 hours of community service following a conviction for affray and assault. He also ordered to pay £6,500 in costs.

The No Regrets hitmaker had faced a maximum sentence of three years in prison.

Last month, he was hospitalised after being kicked in the face by his horse.