On April 26, 1995, the Intercontinental Championship was declared vacant after a controversial ending to a match between Jarrett and Bob Holly. They had a rematch later that evening where Jarrett reclaimed the title. On May 19, Razor Ramon regained the title from Jarrett in Montreal, Quebec, but Jarrett won it back two nights later in Trois-Rivières, Quebec, making him a three-time Intercontinental Champion. At on July 23, 1995, Jarrett performed the song "With My Baby Tonight". Later that evening, Jarrett lost the Intercontinental Championship to Shawn Michaels. Following the event, Jarrett left the WWF for five months and returned to the USWA. Jarrett returned to the WWF at In Your House 5 on December 17, 1995, feuding with Ahmed Johnson. Jarrett lost to Johnson by disqualification at the 1996 Royal Rumble and left the WWF shortly thereafter due to a contract dispute. Later that year, The Roadie revealed that he had in fact sung "With My Baby Tonight" and that Jarrett had been lip synching. In October 1996, Jarrett was hired by World Championship Wrestling (WCW), signing a one-year contract. Upon debuting in WCW, Jarrett became a "free agent" in the rivalry between The Four Horsemen and the New World Order (nWo). After defeating Chris Benoit at Starrcade, and Steve McMichael, both by cheating when the referee was distracted, Jarrett was reluctantly inducted into the Four Horsemen. On June 9, 1997, Jarrett defeated Dean Malenko to win the United States Heavyweight Championship. In mid-1997, Jarrett was kicked out of the Four Horsemen and began feuding with Horsemen member Steve McMichael. Despite aligning himself with McMichael's then-wife, Debra McMichael, Jarrett lost the United States Heavyweight Championship to McMichael on August 21. In October, Jarrett's contract expired and he opted to return to the WWF, despite the dominance of WCW in the ongoing Monday Night Wars. Jarrett returned to the WWF on the October 20, 1997 episode of "Raw is War", delivering a worked shoot speech in which he criticized both WCW President Eric Bischoff and WWF Chairman Vince McMahon. After briefly feuding with The Undertaker, Jarrett defeated Barry Windham to win the vacant NWA North American Heavyweight Championship. In early 1998, Jarrett joined forces with Jim Cornette and his stable of "invading" National Wrestling Alliance wrestlers, and began defending the North American Heavyweight Championship on WWF television.