Poor Lindsay Lohan may have to say bye-bye to expensive hair extensions if the rumors of her being dropped from Casablanca Records are true. According to FoxNews.com and the New York Post, the record company has decided to end its professional ties with the one-time semi-hit maker. Her two singles “Rumor” and “Bossy” must not have been enough.

To add insult to injury, the Post also revealed that Lohan’s recent collaboration with famed designer Emanuel Ungaro was nothing more but a glorified, unpaid internship, which received negative reviews from fashion critics. According to the report, Lohan had to pay for her own flight and hotel accommodations to attend Ungaro’s Paris Fashion Week show, though she did make off with $100,000 worth of Ungaro goodies.

Lindsay was also reported being followed by a camera crew in Paris at the Vogue party and later when she hit a ton of clubs around town. Could there be a reality show a-brewing?

Click here to see the Lohan/Ungaro Spring 2010 line at Emanuel Ungaro's official site.