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Brett Ratner, Sandra Bullock

Dimitrios Kambouris/WireImage; Jim Spellman/WireImage

Love is not in the air for these two, people.

In Touch's latest magazine cover claims America's sweetheart Sandra Bullock and big-shot Hollywood player Brett Ratner are involved in a "risky romance," but both parties confirm to E! News that there is absolutely nothing exciting nor frisky going on between them.

Bullock's rep released to E! News a joint statement that the (platonic) duo has issued in regard to their alleged hookup.

"We think that it's incredibly sad that in these times, this magazine would resort to complete fabrication, solely for financial gain. 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."

And there you have it—case closed.

—Reporting by Holly Passalaqua