Faizon Love called into the Power 99 Rise and Grind morning show to further explain what led Katt Williams to pull a gun Love and last week. He says it’s because Williams owes him $50,000.

Love called into TMZ Live Friday saying Williams pulled a gun on him at a parking lot outside Supperclub in Hollywood.

Faizon told TMZ that when Katt pointed the weapon at him, he 100% feared getting shot, saying, “When someone pulls a gun and they on that narcotics … you don’t know what’s gonna happen.”

According to Love, one of his entourage managed to disarm Williams — and discovered it was unloaded.

Williams was arrested that night for a possible gun violation, but was later released from custody. No charges have been filed.

When TMZ approached Williams for his side of the story, and he said:

“You telling me Faizon the actor said on TMZ That I have did what? You saying he’s a snitch. You saying he’s a bold face rat? You say that he went and told you street business…”

Love fired back at Williams through his twitter account.

“[Expletive] I’m from Emerald Hills, I never ran and I never will. The next time you pull a gun you better shoot to kill. I know I will,” Love tweeted. “Who needs to call the police when stupid is waving a gun and 30 people are watching? Where’s the report [expletive] boy. Ain’t nobody call the police on that [expletive] crack loving, woman beating punk [expletive]. This is emerald all day.”

When he called into Power 99 Rise and Grind, Love says the $50K debt stems from Love leaving their joint comedy tour because of William’s erratic behavior – which Love insists was caused by Williams having a hard time following Love on stage and aggravated by Williams’ crack use.

Love says Williams continued to use his name to advertise the show – even after he’d left the tour – and that’s why Williams owes him the money.

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