Page Six and Vulture are reporting this afternoon that rumors are flying in Hollywood that Justin Timberlake will be playing the role of Daddy Warbucks in the upcoming Jay-Z and Will Smith-produced Annie remake. If the rumors are true, he'll be playing opposite Quvenzhané Wallis.

One thing is for sure, he'll have to shave those locks ASAP: 

A SONY rep denied the rumor earlier this afternoon but "Hollywood sources" are allegedly buzzing with the news. We'll keep you updated.

[via Vulture]

RELATED: 50 Things You Didn't Know About Justin Timberlake