Anne Hathaway Splits from Raffaello Follieri

06/18/2008 at 10:45 AM EDT

Anne Hathaway Splits from Raffaello Follieri
Raffaello Follieri and Anne Hathaway
Splash News Online
When Anne Hathaway walked the red carpet for her movie Get Smart's Los Angeles premiere June 16, she was all smiles on the arm of her costar, Steve Carell.

Nowhere in sight: Hathaway's boyfriend of four years, Italian businessman Raffaello Follieri.

The longtime couple are "for now, not together," says a source close to Hathaway, 25. (The actress's rep declined to comment.)

Adds the source: "They are always breaking up and getting back together, so the fact that they broke up this time around doesn't strike me as anything new. They are passionate people – and just like any relationship, people get together, break up and get back together again. This breakup is one in a long line of previous breakups, so I don't think it's anything significant."

The split was first reported by Britain's Daily Mail.

It has been an especially rocky few months for Follieri, 29, who is under investigation by the New York State Attorney General's office, which has no record of IRS tax disclosure forms necessary for his charitable Follieri Foundation.

Last month, the Manhattan District Attorney's office declined to prosecute Follieri after his arrest in April for allegedly writing a $215,000 bad check.

"They dated for four years," says a source close to Follieri. "He loves her. He cares deeply for her. It's a shame."

Reporting by LIZ McNEIL and HITHA PRABHAKAR

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