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Guess the speed boat race is up…Rich Homie Quan is in custody now after surrendering to cops for allegedly brutalizing a nightclub bouncer.

The word is Quan showed up at the Miami Beach PD today (Wednesday 4/8) afternoon for booking on misdemeanor battery.

It had been reported earlier from TMZ  a security guard at LIV nightclub in Miami claimed Rich Homie and a few his boys beat him up after they were denied VIP entry into the club. The guard says before he got punched Quan screamed, “I’m Rich Homie Quan and I’m a rich millionaire, bitch.”

Cops say Quan fled the scene, jumped on a nearby speedboat and took off. Quan says he was actually on a yacht the entire time, claiming the allegations are bogus.

Hmmmm…..