Rumors of singer Psy's comeback are rising up again. YG Entertainment is taking a catious stance on the issue.

One representative of YG said, "It is true that Psy has completed his comeback preparations and we are in the midst of discussing when his comeback should be. But because everything is up in the air, it's difficult for us to let anyone know what the exact date is going to be."

He continued, "The comeback was scheduled for February as well but it was pushed. There is nothing we could tell you for sure at this point. It may be YG's second comeback after 2NE1 but we're not sure."