"Watch Out" -- 2 Chainz, a.k.a. Tity Boi, is back. The FKi-produced track is Tity's first release since January's T.R.U. Jack City mixtape, a showcase of his brand and label, The Real University. With "Watch Out," comes the announcement of an upcoming mixtape, Trap-A-Velli Tre, the third installment in 2 Chainz's beloved Trap-A-Velli series, which drops Aug. 13.

As host of GQ's Most Expensivest Sh*t, quite possibly the world's best job, the ATL trap pioneer has been busy taking sips of diamond-enhanced H2O and hits from $10,000 bongs. Aside from a few features, though, the GOOD Music affiliate has had a relatively quiet year rapping-wise. On "Watch Out," he returns with some simmering trap that will likely please his day one fans.

On "Watch Out," duo FKi gives us a lurching piece of "piano trap," while 2 Chainz rattles off a slew of taunting punchlines. The chorus properly channels the unhinged energy that has raised him to the top of the rap game: "Watch out lil' b*tch / Watch out lil' b*tch / You getting mad...I'm getting rich!"

Chainz also directs some lyrics toward the woman who recently hit him with a $5 million lawsuit for calling her a "thot" in a viral video:

"Shorty say she want five million / 'Cause I told her to leave and called her a thot / Sh*t, you can like it or not, I'm coming straight out the pot," he raps.

Listen to the track and check out the Trap-A-Velli Tre cover art below.

In 2009, Tity Boi dropped the first Trap-A-Velli tape, his third solo release, back when he was one-half of the duo Playaz Circle. Less than a year later came the sequel, Trap-A-Velli: (The Residue), "the mixtape that birthed 2 Chainz," he tells us on Instagram.

Aug. 13 marks the fifth anniversary of the classic tape, and Chainz is using the occasion to give us Trap-A-Velli Tre.

See More 2 Chainz
Join the Discussion