After a lengthy hiatus, in which he was in headlines for numerous financials woes, Miami based producer Scott Storch has surfaced, and is on a road to recovery. Despite the latest headline from last week where Storch was arrested on a grand theft auto charge, the producer is not in jail, and tells MTV he's back to work.

MTV caught up with the producer this week, and he seemed like a different person. He wasn't rocking expensive shades or over the top bling, and was open about a problem he credits to his downfall -- cocaine.

According to Storch, he spend the last three years coasting through the fast life, which consisting of excessive spending, lavish trips, houses, cars, lots of cocaine, women, and non-stop partying. That lifestyle that he producing music afforded him was also his downfall -- he's blew through $30 million, almost his entire fortune.

He chalked up the last few years as "poor judgment decisions."

Earlier this month, Storch was arrested for grand theft auto for allegedly failing to return a Bentley he'd leased in 2006. And in 2008, he hit legal trouble after reportedly falling behind on both his child-support payments and his property taxes.

Today, he's in recovery, and taking everything back to "square one," he told MTV.

"I'm taking it back to square one," Storch told the network, while sitting in a Miami studio.

"I found myself slipping a little bit," he said. "I got involved in doing drugs. I had to get myself into recovery. Being in the life that I was living -- very fast-moving, option to do anything you want, go anywhere you wanna go -- it definitely takes its toll on you, and you lose your concept of reality. I had to get it under control. I had to take it back to the beginning and back to the Hit Factory, where I made a lot of my hits."

He is apparently staying in a three-quarter house, which is the final step in the transition between rehabilitation treatment and the community. There, he is supervised by a live-in counselor, but allowed to go to work in the studio as long as he's back by curfew.

Right now, Storch tells MTV that he's taking his road to recovery "day by day."

"I haven't won the war. It's not like something you can just fix and it's just gone," admits the platinum producer. "Addiction is a disease, and I have to constantly battle it. I feel so much better and have more clarity, especially in the studio. It's cool. It's been a really productive period. ... With the help of my publisher TVT, I've had the chance to woodshed and come up with a whole new vibe. I'm very happy right now."

Storch once commanded an estimated $100,000 per beat, and had earned $70 million in 2004, according to Rolling Stone who dubbed him "hip-hop's Liberace."