Grand revealing, grand closing. A day after Swizz Beatz was exposed as the head of the file sharing website Megaupload, the site has reportedly been shut down with employees indicted. No word if Swizz was charged. More details to come.

UPDATE: Swizz not named in indictment.

UPDATE 2: Megaupload lawyer says Swizz was in negotiations but never made CEO.

UPDATE 3: Not so fast, FEDS looking to pursue Swizz –Rap Radar