Justin Bieber, who was rumored to have already tied the knot with fiancée Hailey Baldwin this week, reportedly has no prenuptial agreement in place.

According to The Sun, the singer has stunned his business advisors with that news and they are scrambling get his affairs in order, a source said.

As RadarOnline.com reported, news spread that Bieber, 24, and model Baldwin, 21, had gotten hitched at a courthouse in New York on Thursday, Sept. 13. They have only been engaged for two months.

But Baldwin tweeted a denial on Friday afternoon, writing on Twitter, “I understand where the speculation is coming from, but I’m not married yet!”

Now The Sun has reported that Bieber’s team has a lot to do before they actually wed.

The star is apparently so in love with Baldwin that he hasn’t bothered with a prenup, a source said.

Bieber is reportedly worth more than $220 million dollars.

The source told The Sun about Bieber and his bride-to-be: “They didn’t tell anyone on their teams what was going on and his people have been frantically trying to get his business affairs and finances in order.”

A source told PEOPLE, “They don’t want a long engagement and are already planning their wedding. As of now, they want a small ceremony with their families. They are not planning a huge, celebrity wedding. They are getting married for love and don’t want a flashy wedding.”

But first, Bieber might want to protect his more than flashy fortune?