On Monday (Jan. 4), producer Mike WiLL Made-It hinted that a new Rae Sremmurd song was on the way and he made good on his word. The duo shared a new track titled "By Chance,” which is slated to be featured on Mike WiLL's upcoming Ransom 2 mixtape.

Over trickling piano keys, Slim Jxmmi and Swae Lee brag about the women in their vicinity, blow cash and shout out the “Xan man.”

“Straight out the blue I got your attention / Was it the coupe or the watch glistening? / I’m winning man, I'm winning chains / Yellow like the Simpsons / I’m pimping like I'm linen / Got a lot of foreign women,” Jxmmi raps.

In addition to dropping the first leak off his tape, Mike WiLL also offered up a reveal of the cover art.

Aside from their work on Mike WiLL’s project, Rae Sremmurd is also prepping the release of their sophomore album. Back in December, Jxmmi confirmed that SremmLife 2 will be released in February 2016. “It’s gonna be banger after banger after slapper,” he said.

The Mississippi rappers first revealed they were working on a new album back in June during an interview with the KMEL radio station at the BET Awards. The project was originally slated for a December release.

Also that month, the two brothers hosted their first annual SremmFest with Yo Gotti, Dej Loaf and more. "We're trying to bring good vibes back to our hometown and to bring positivity through the music that's brought us from Tupelo, Mississippi, to all across the world,” Jxmmi said in a statement released to Billboard.

Mike WiLL released the predecessor to his Ransom 2 mixtape in December of 2014. The tape featured "Someone To Love" featuring 2 Chainz, Cap-1 and Skooly ass well as “Drinks On Us” with Swae Lee and Future.

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