Tyler, the Creator celebrated the release of his new album Call Me If You Get Lost by copping a shiny new chain.

The diamond-studded pendant, inspired by Tyler’s alter ego Tyler Baudelaire, features a gold bellhop carrying two pink suitcases. According to TMZ, the necklace cost a whopping $500,000, with more than 186 carats in diamonds, 60 carats in sapphires, and 23,515 hand-set stones.

Tyler reached out to celebrity jeweler Alex Moss about seven months ago and gave him a reference for the chain and they worked on the design together. It took Alex four months to find the colored diamonds for it.

Tyler showed off his half-a-million-dollar accessory on the red carpet at Sunday’s BET Awards, where he performed “LUMBERJACK” for the first time.

The Grammy-winning rapper has a lot to celebrate. Call Me If You Get Lost, which features Lil Wayne, Pharrell, and Lil Uzi Vert, is expected to debut at No. 1 on next week’s Billboard 200 with 185,000 equivalent album units, his largest sales week yet.