"In Touch" magazine seems to think there's something going on between Brett Ratner and Sandra Bullock— this week's edition claims they hooked up at an Oscars afterparty— but according to the two Hollywood power players, that's far from the truth.

"We think that it's incredibly sad that in these times, this magazine would resort to complete fabrication, solely for financial gain," the pair said in a statement. "There is not a shred of accuracy in their story. We have not seen nor spoken to each for over a decade. We both had a great time after the Oscars, just not with each other."

[NY Daily News]