"From what I was told, she never said divorce," a source close to the situation tells E! News. "From what I'm told, she's staying with him."
The source continued that the couple's relationship has changed since they tied the knot in 2012.
"All the bliss that Janet experienced pre-marriage with Wissam and in the first couple of months is gone."
The source "believes" the singer-actress and the Arab businessman are still living together.
This denial comes in the wake of a source claiming that the pair's marriage had "collapsed," and the 47-year-old confided in her mother Katherine Jackson and some close friends that she was preparing to leave her husband.
Another source close to the couple set the record straight to Entertainment Tonight and said, "The rumors about their marriage are a lie. They are very happy and very much together. In fact, the couple has recently purchased an even larger home in New York."
Jackson confirmed their union on her website on Feb. 25, 2013 and the Grammy winner also revealed that she and her billionaire beau had actually tied the knot in 2012.
"The rumors regarding an extravagant wedding are simply not true," the couple said in a joint statement at the time. "Last year we were married in a quiet, private and beautiful ceremony."
They added, "Our wedding gifts to one another were contributions to our respective favorite children's charities. We would appreciate that our privacy is respected and that we are allowed this time for celebration and joy. With love, Wissam and Janet."