'Fixer Upper' star Chip Gaines' former business partners sue him for fraud

They can't catch a break!

Chip Gaines, star of the HGTV hit "Fixer Upper," is being sued for millions by two of his former Magnolia Realty business partners for fraud.

Gaines' two former partners, John L. Lewis and Richard L. Clark, are seeking more than $1 million, according to a 24-page lawsuit filed Thursday in Waco's 170th State District Court.

Lewis and Clark claimed in the suit that Gaines forced them to accept cheap buyouts and failed to tell them that HGTV decided to broadcast their show (which features the Magnolia name) in order to leave him the sole owner of the company.

The lawsuit alleges that Chip and Jo were working on the HGTV deal for months without telling his business partners. John and Richard sold their shares of Magnolia Realty for $2,500 each and then two days later HGTV announced that they had picked up "Fixer Upper." The announcement significantly skyrocketed the company's value.

36 PHOTOS
Cutest photos of Chip and Joanna Gaines
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Cutest photos of Chip and Joanna Gaines
Jo is always working.. #LookAtME!!
Tonight's episode is a unique one... Watch us take on a different kind of #fixerupper 9/8c @hgtv #🚣🏻🎣
"We were together. I forget the rest." - Walt Whitman & @jimmydon522 Happy Valentine's Day @joannagaines
On tonight's episode, Chip finally figures out his design style! 😉 It's a dramatic reveal you won't want to miss @hgtv 9/8c
I know it's going to be hard to sleep tonight. I won't be coming down your chimney tonight, or will I? 1 more day. #fixeruppereve is upon us.
NEW YORK, NY - OCTOBER 19: Chip Gaines and Joanna Gaines attend The Build Series to discuss 'The Magnolia Story' at AOL HQ on October 19, 2016 in New York City. (Photo by Laura Cavanaugh/WireImage)
NEW YORK, NY - OCTOBER 19: Chip Gaines and Joanna Gaines attend The Build Series to discuss 'The Magnolia Story' at AOL HQ on October 19, 2016 in New York City. (Photo by Laura Cavanaugh/WireImage)
NEW YORK, NY - OCTOBER 19: Joanna Gaines attends The Build Series to discuss 'The Magnolia Story' at AOL HQ on October 19, 2016 in New York City. (Photo by Laura Cavanaugh/WireImage)
WHAT!?! 📸@brockwayne
You're my cup of tea @joannagaines! All new episode of #fixerupper tonight at 9/8p CT on HGTV. #season5iscoming 📷: @matsumoto818
We had so much fun. Thanks so much for everyone that came and @johnnyswim for killing it. We should do this every weekend. #nofilter #silobration
We were honored to be able to share our story with @iamsecond Be sure to go catch the video on their website!
Beautiful night at the ballpark with my family.. And big win for the Bears! Congrats @BaylorCoachRod
NEW YORK, NY - DECEMBER 08: Chip Gaines and Joanna Gaines discuss their hit show 'Fixer Upper' at AOL Studios In New York on December 8, 2015 in New York City. (Photo by Brook Christopher/FilmMagic)
Y’all have heard me say it before that I’ve created a monster with this woman— I love watching Jo’s dreams come to reality and we are so excited to share this next project with you all! Hint: it's not a baby.
NEW YORK, NY - OCTOBER 19: The Build Series present Chip Gaines and Joanna Gaines to discuss their new book 'The Magnolia Story' at AOL HQ on October 19, 2016 in New York City. (Photo by Mireya Acierto/FilmMagic)
Last week's Bakery reveal was such a fun one! Watch an all new #fixerupper tonight at 9/8c @hgtv
So much fun this morning on the @todayshow ! Thks for watching!
Watch an all new #fixerupper tonight!! 9/8c @hgtv
THE CHEW - Chip and Joanna Gaines as well as Victoria Justice are the guests on Wednesday, October 19, 2016 on ABC's 'The Chew.' 'The Chew' airs MONDAY - FRIDAY (1-2pm, ET) on the ABC Television Network. (Photo by Lorenzo Bevilaqua/ABC via Getty Images) JOANNA GAINES, MICHAEL SYMON, CHIP GAINES
Happpppy New Year!!! 2017!! #adultonesies @chippergaines
NEW YORK, NY - OCTOBER 19: Joanna Gaines attends The Build Series to discuss 'The Magnolia Story' at AOL HQ on October 19, 2016 in New York City. (Photo by Laura Cavanaugh/WireImage)
Tonight is an all new special episode! It's the season four Clip show- full of out takes, bloopers and behind the scenes footage. You won't want to miss! 9/8c @hgtv
Such a fun night watching the episode with our amazing staff! We love our @magnolia family!! 💚 #magnoliachristmasparty2016
When you're doing an interview with @entertainmenttonight in Central Park and you think you're lookin' cute and then you see this.... Catch it tomorrow! I promise I don't do this the whole time 🙈
After we #silobrate we must eat tortillas and queso at the local Taco C! #idrathereatthansleep
It was windy up here but loved the view of downtown Waco. You see the Silos in the background?! #magnoliasilos #ALICObuilding @chippergaines
Selfies aren't our strong suit 🙈 @chippergaines
Today we got to reveal the bakery to our four favorite people! They loved getting to be on the other side of the canvas and be surprised 😍 #fixerupper
Chip taste tested (stuffed his face) all the final flavors for the bakery today. His personal favorite, the strawberries 'n cream cupcake. 🍓 We are super close to opening the new place! #chiptested #chipapproved #fixerupper 📷: @matsumoto818
Tonight's tiny house was a huge mess. #demoday photo courtesy of @Hgtv @rachel_whyte
Chk us out tomorrow night for our first Fixer Upper clip show! Get a behind the scenes look at our favorite moments, many many outtakes and bloopers. January 1, 9/8pm CST. @hgtv 📷: @matsumoto818
Fun day of filming on the farm 📷: @constance_atton #fixerupper #seasonfour @hgtv
NEW YORK, NY - DECEMBER 08: Chip Gaines and Joanna Gaines discuss their hit show 'Fixer Upper' at AOL Studios In New York on December 8, 2015 in New York City. (Photo by Brook Christopher/FilmMagic)
Oh me oh my. Chip getting ready to work the stage at our Magnolia employee Christmas party. #imscared
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The two also claimed that Gaines threatened to open up a competing realty company if they didn't sell their shares of the company. It also included a threatening text message that Chip allegedly sent one of the men:

"You better tell Rick to be careful. I don't come from the nerdy prep school he's from. And when people talk to me that way they get their asses kicked. And if he's not ready to do that he better shut his mouth. I'm not the toughest guy there is, but I can assure you that would not end well for [R]ick," Chip wrote.

Chip's attorney, Jordan Mayfield, said he and his client, "are confident that these claims will be found to be meritless, and it is disappointing to see people try to take advantage of the hard work and success of Chip and Joanna Gaines."

The "Fixer Upper" couple are now in their fourth season of their hit show, and have recently announced a spinoff in the works!

This isn't the first time in the past year that the Gaines couple have suffered some legal trouble. They were slammed with another scathing lawsuit just a couple of months ago involving a woman who visited popular tourist attraction Magnolia Market. She sued for an alleged head injury she suffered back in June 2016.

They were also feuding with the owners of the property next to their store over the location of the fence separating the two pieces of land.

RELATED: Take a look inside Chip & Jo's home:

17 PHOTOS
Inside Chip and Joanna Gaines' home
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Inside Chip and Joanna Gaines' home
Played in the dirt this weekend and spruced up the front porch with a variety of hydrangea plants. Now time for a Sunday nap 💚 #homebody #andplantladytoo
It's time for bed but I was determined to find a perfect spot for this metal verse. #fourthtimesthecharm
One day I will show you what's inside this extra large hutch... #dishjunky #farmhouse
May your day be Merry and Bright! #merrychristmas
Rearranging living room today made the space feel so much bigger. #monstertreeisgone #rearranginganditfeelssogood #farmhouse
This rainy day is making it really hard for me to leave for work. #homebody
I may have gained ten pounds today... #christmasbaking
Formal sitting room turned office. Chk out the details on my site. #makeyourspacesworkforyou
Day 10: allergies aren't fun and they got the best of me tonight. So I did some sit ups and called it a day. Showing up is the hardest part #healthybody #healthymind #youcandoit
Excited to announce that soon and very soon you will be able to get the farmhouse style online and at our storefront boutique! #openingmay2014
A farmhouse for the dolls, fairies, and other lucky miniatures. #farmhouse
The hardest thing about bunk beds is when you have to actually make the bed. I just got simple striped sheets #potterybarn and a nice throw blanket #target for the edge of the bed. This cuts the time in half and it still has a finished casual look
Boys bathroom after a good cleaning. #howdoesitgetsodirty #farmhousestyle magniolia farms vanity built by @ckharp
Upstairs reading nook #ifonlyiwasareader #farmhouse
Are you crafting this summer? #imnotbutwishiwas #createandinspire
The jasmine vines are finally doing their thing and framing out the front of the greenhouse
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