Yes, after splitting up in 2012, reports began circulating the couple had "reconciled" following the actor's split from Demi Lovato. However, Kelly is putting a halt to all the speculation.
The actress joined Power 106's J Cruz and Krystal Bee on Thursday morning and promised she and Valderrama have only ever been friends.
"He's a good friend to me," she told the DJs. "And it's funny—he's not my ex. We are good friends, and we always have been. We're not exes!"
She continued, "Wilmer's a really, really good person, and any woman would be lucky to have him."
While the rumors about her love life are certainly frustrating, Kelly says it's all part of her job and the life she chose.
"I think it comes with the territory. It's a small price to pay for the extraordinary life that I live," she admitted. "I think if they're paying attention, that must mean there's something [I'm doing right]."
Instead of letting the rumors affect her, she just laughs.
"Look, if it's true and it's out, then it's true and it's out," she said. "When it's not true and it's out, it's really frustrating. You just have to find the comedy in all of it."
Meanwhile, a source recently told E! News Kelly and Valderrama are giving love a shot.
In fact, the pair was spotted stepping out for dinner at the Palms Thai restaurant in Hollywood.
"They did have a late dinner at Palms Thai together," the insider said at the time. "They sat across from each other and it was just the two of them. I didn't personally see if they were holding hands or if they were being affectionate, but it looked like a date. They looked casual and relaxed."
Then, over Labor Day weekend, they were photographed hanging out in Mexico together.