Two fabled albums owned by Martin Shkreli could be sold at auction, after the shamed pharmaceuticals boss was jailed for fraud.

Shkreli, who was sentenced to seven years in prison last week, is the only owner of a Wu-Tang Clan album, and claims that he also has a Lil Wayne record in his possession.

The 34-year-old entrepreneur paid $2 million in 2015 for Once Upon a Time in Shaolin, the 31-track double album that the Wu-Tang Clan spent six years creating

But it now seems that both records could go under the hammer after it was announced that Shkreli owes crippling debts of more than $7.3 million.