George Clooney Staying Put in Italian Villa

02/24/2010 at 05:30 PM EST

George Clooney 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

See what other readers have to say about this story – or leave a comment of your own

PeopleTV Archive: George Clooney's Changing Looks