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Michael, who is also set to hold a concert on the same date the songstresses have picked, said Dr. Lawrence Muganga, the vice chancellor of Victoria University, is bankrolling the scheme.
Speaking to Galaxy FM on Thursday, July 21, Michael said that the initial plan was to bring Nigerian singer Rema, but when the deal wasn't closed, a music battle between Cindy and Sheebah looked like a juicy option.
He claimed Cindy signed the contract on Thursday and decided to announce the concert.
"After failing to bring Rema," claimed Michael, "they decided to organise a battle between Cindy and Sheebah."
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He went on: "Cindy was waiting for the contract to be signed, and she signed it today. Cindy is just confusing people, but it's a battle.
"All the musicians that are going to perform are being paid by Victoria University."
Speaking to this reporter, Dr. Muganga said the information King Michael gave is false.
"I don't know anything about it... That is very wrong information," he said via a phone call.
While Victoria University has always involved musicians in some of its activities, the university has never been known for organising concerts. Dr. Muganga's profile also doesn't refer to any history of organising music shows.
Speaking to the media, Cindy said Sheebah would never risk facing off with her in a music battle because she mentored her.
Previously when a battle was suggested between the two, Sheebah said in an interview: "Instead of a battle, let her come and we practice so that she can teach me how to sing."
Cindy wrote Sheebah's first song titled Kunyenyeza in 2010.
King Michael will be marking 20 years in the music industry on September 15 at Lugogo Cricket Oval and Cindy will hold a concert on that day at Kololo Airstrip.
Sheebah had also picked the same date and the venue Cindy booked, so it remains unclear if she'll maintain the date or switch.