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Tracey Edmonds Rebounding with 50 Cent?

Mon., Jan. 28, 2008 3:04 PM PST by Marc Malkin

Courtesy of Tao,Lester Cohen/WireImage.com

Are 50 Cent and Tracey Edmonds dating?

Um, no. But rumors of a possible love match between the hip-hopper and Eddie Murphy’s ex are exploding across the Internet. Reports claim they hooked up at the Sundance Film Festival.

As I first told you, Edmonds attended VitaminWater’s private dinner for 50 Cent on Jan. 19, before his concert later that night at Harry O’s.

While reports have the two practically inseparable, Edmonds' rep tells me the only interaction they had was a simple hello. “They are not dating,” the rep said.

And speaking of Edmonds’ love life, word from the Thompson Beverly Hills hotel on Saturday had it that Eddie's ex was still wearing the engagement ring he bestowed when he proposed in July.

Onlookers report Edmonds was wearing a “massive rock” that resembled the eight-carat Cartier ring when she stopped by the hotel for Glamour magazine’s Glam Suite with Hugo Boss and Keds.

But no, it wasn’t Murphy’s bauble. Her rep says it was her own amethyst birthstone.

As for Murphy, he’s doing just fine since he and Edmonds split just two weeks after getting married on New Year's Day. He was spotted at the opening bash of Bank nightclub at the Bellagio in Las Vegas on Friday night getting very cozy with female admirers, according to fellow partygoers.

For more about 50 Cent at Sundance, click over to my colleague Ben Lyons' interview with the rap star and actor in the Lyon's Den.