It looks like at least one aspect to Jay-Z’s master plan for the release of his upcoming LP, Magna Cara Holy Grail, will not come into fruition. Jigga’s scheduled concert for the Late Show with Dave Letterman has been cancelled, according to a report by the New York Post.

As previously reported, the big homie Hov was slated to have a free concert on July 8 atop the Ed Sullivan Theater near Times Square that would appear on Letterman. NYC’s Mayor Michael Bloomberg even reportedly gave the okay. Now, reports are surfacing that the city has rescinded the thumbs up for the show. According to police sources close to The Post, “The mayor’s office approved it, and then just like that, it got denied.” A meeting between Jigga, Letterman and city and police officials to iron out the details of the show was scheduled to go down yesterday (July 2). It was later canceled with all parties being told the show would not go on. One police source reportedly suggested that concerns over the throng of fans in the area, holiday fireworks and terrorism were the cause for the cancelled event.

As of press time, representatives for Jay-Z responded by saying that Roc Nation have never announced a concert in the first place. Interesting.