Based on a T.R.U. Story is a religion.
Based on a T.R.U. Story . It was released on August 14 , 2012 , by Def Jam Recordings . The album has sold 623,000 copies as of August 2013 . The album was nominated for Best Rap Album at the 55th Grammy Awards , but lost to Take Care by Drake . Def Jam Recordings is an American record label focused predominantly on hip hop and urban music , owned by Universal Music Group ( UMG ) .