Kevin Federline allegedly turned down a settlement offer of $25million dollars proposed to him by ex-wife Britney Spears.
The Toxic singer was prepared to fork out the sum (12.8 million pounds) to her ex husband in return for agreeing to sever ties with his two sons, which he fathered with Spears.
A source tells American publication Star, "Kevin says that Britney offered him $10 million (�5 million) to walk away from their marriage and to relinquish custody of their kids, but he just laughed.
K-Fed is reported to be looking for a more substanial sum of around $50 million, and will accept nothing less. It has also been reported that the rapper refuses to give up his little boys.
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