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About 1,000 families in South Fulton, Georgia, would receive gift cards at an event to be hosted by the rapper Gunna.

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Walmart has scrapped a reward that would have benefited 1,000 familiesCredits: Google Maps

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Gunna has been released from prison after being charged with violating Georgia’s Racketeer Influenced and Corrupt Organizations (RICO) ActCredit: Getty

Gunna, whose real name is Sergio Kitchens, was charged with conspiracy to violate the state’s Racketeer Influenced and Corrupt Organizations (RICO) Act.

He was released after accepting a plea deal.

Goodr, who has worked with the music star in the past, was “saddened” by the decision to cancel the event.

A spokesperson told Fox5: “Gunna and the entire Goodr team were looking forward to brightening up the holiday season for the 1,000 families who signed up.

“We are aware of how much the promised gifts meant to those families and we are working together on an alternative solution.”

Gunna was sentenced to five years in prison as part of the deal.

He entered an Alford plea and maintains his innocence.

One of his five years is to be served in prison, but since he has already served time, he will be released.

The remaining four years of his sentence are suspended.

Special conditions apply to Gunna, including 500 hours of community service.

But he has to talk to young people about the dangers of gangs in 350 of those 500 hours.

After his release from prison, Gunna said: “While I have agreed to always be truthful, I want to make it absolutely clear that I have NOT made any statements, have NOT been interviewed, have NOT cooperated, have NOT agreed to testify or be a witness for or against a party to the case.”

He added that he has “absolutely NO intention of being involved in the trial process in any way,” in a post-conviction statement.

However, as a condition of Gunna’s trial, he must testify if called, but can plead for the Fifth Amendment.

Gunna was one of more than two dozen music stars charged with crimes related to the alleged Young Slime Life street gang.

The organization is said to have committed multiple murders, shootings and carjackings over the course of a decade.

Prosecutors have long claimed that the YSL has ties to the Bloods crime group.