Galaxy Corp., the management company representing G-Dragon, refuted reports that Baekhyun had joined the agency. A local media report had claimed Wednesday that Baekhyun was in the final phase of signing an exclusive contract with the agency. Baekhyun, along with fellow Exo members Chen and Xiumin, reportedly notified agency INB100 of the termination of their contracts earlier in April. Bakehyun had established the agency when the three members — known as CBX — parted ways with SM Entertainment