Despite threats from local goons, Teka$hi 69 survived his trips to Los Angels and San Antonio last week.

He did get touched a bit at the airport on the way out of LA.  But he was laughing about the incident not long after the police broke it up.

Now he's daring chain snatchers to get at the "Billy the Saw" chain he just bought for over 300K. As far as he's concerned an attempt on the chain will be good for sales of his new album Day69.

69 says he's about to post his location to give potential thieves a chance.

How do you think 69's latest "gangsta test" ends?