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IU's agency Kakao M will be taking legal action against the rumors she used insider information.

The singer-songwriter was accused of using insider information from the government to profit from her purchase of buildings, and her label responded that was not the case. Kakao M has now stated IU will be taking legal action against the malicious rumors. The agency stated, "There are no plans to sell the building in question, and the rumors are false. We'd like to stress the rumored value is only speculated, and the information is not confirmed."

Kakao M continued, "We're collecting evidence with e-mails that fans sent us today about online rumors and malicious comments. In order to protect our artist from defamation of character and speculated rumors, we'll take strong action."

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It seems we will have to wait a little more until IU's next comeback.

Previously IU was revealed to make her comeback with a new album in April, but since the filming of KBS's drama 'Producers' will kick off soon this March, her agency has released a statement saying that the comeback schedule might be pushed back after she wraps up the filming for 'Producers'.

A rep from Loen Entertainment said on March 10th,"She will continue with the recording of the new album while she's filming for the drama. The promotions can only happen after the drama concludes".

IU has been casted to play as a top star in 'Producers' along with Cha Tae Hyun, Gong Hyo Jin and Kim Soo Hyun. It's scheduled to broadcast every Friday and Saturday this April.

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