George Clooney and his villa
Bauer Griffin, inset: Peter Kramer/AP
02/24/2010 AT 05:30 PM EST
is anything but up in the air on the recent reports that prying paparazzi are forcing him to sell his Italian villa on Lake Como in exchange for a new home on the lake's Loreto Island.
"To complete the news cycle: I am not buying an island and am not selling my house in Italy. The story was made up, then picked up and now denied. End of another riveting day of false news," says Clooney in a statement. –Elizabeth Leonard