Word is Jay-Z will soon be coming out of retirement and has been working on a new album with A-list producers like Dr. Dre, The Neptunes, Cool & Dre, Timbaland and Kanye West.

Though the God emcee has secretly been working on his comeback, Kanye and The Neptunes have hinted to be working on the project in various interviews. In Playboy Magazine's August Issue, red hot production team Cool & Dre revealed that they contributed to Jigga's project. Earlier today (July 24th), the New York Daily News reported that the Brooklyn lyricist had been recording in a Chelsea (Manhattan, NY) studio.

While it doesn't look like Jay will release the rumored Sean Carter album via Dr. Dre's Aftermath Records, the legendary producer is expected to produce on the CD.

"Dre will E-mail Jay some new beats," a source told the Daily News. "Jay will E-mail him the lyrics, then Dre will E-mail him the mix."

The untitled album would mark Jay's first release since 2003's The Black Album. To date, Jigga has released eight solo albums: 1996's Reasonable Doubt, 1997's In My Lifetime Vol. 1, 1998's Hard Knock Life, Vol. 2, 1999's Vol. 3...Life and Times Of Sean Carter, 2000's Roc La Familia compilation and 2001's The Blueprint, 2002's The Blueprint 2 and the aforementioned Black Album.

The album could hit stores as early as Thanksgiving or early 2007.

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