Sarah Hall Mon Jul 16, 5:53 AM ET

Los Angeles (E! Online) - This is one rap Remy Ma doesn't want on her record.

The Grammy-nominated rapper was charged with attempted murder over the weekend after allegedly shooting another woman in a dispute over missing money.

She pleaded not guilty at her arraignment Sunday and was freed from Riker's Island on $250,000 bail put up by her manager.

Police found 23-year-old Makeda Barnes-Joseph bleeding from gun shot wounds to her torso in Manhattan's Meatpacking District early Saturday. She was rushed to the hospital and said to be in stable condition Sunday.

Just three blocks away from where the victim was found, police discovered Ma's Cadillac Escalade crashed into a parked car and abandoned.

The rapper (real name: Remy Smith) turned herself in Saturday night and was booked on counts of attempted murder, assault and weapon possession.

Bronx native Barnes-Joseph told the New York Daily News that she had been close friends with Ma for more than a decade.

She said that as they left a bar together around 3:40 a.m., the 26-year-old hip-hopster climbed into her car and accused her of stealing about $3,000, ordered her to dump out her purse, then shot her.

"All I heard was the gun go off," she said. "I couldn't believe she shot me!"

Barnes-Joseph said that even as she sat in the car bleeding, Ma continued to search through her things for the missing cash.

"What hurts me is that when she shot me she went over and dumped the bag," she told the Daily News. "She didn't even say, 'Oh, my God, I just shot her.' That's what hurt me so much."

The rapper's attorney said that she "adamantly" denies Barnes-Joseph's allegations.

"I ask everyone to keep an open mind," lawyer Scott Leemon said. "Things are not always as they seem."

The New York Post reports that Ma was previously accused of firing a gun at a man's head back in 2003 and that she pleaded guilty to misdemeanor assault in exchange for a conditional discharge in the case.

Ma was nominated for a Grammy as part of Fat Joe's Terror Squad for the 2004 hit "Lean Back."

She released her first solo album, There's Something About Remy, last year.