The 46-year-old Suicide Squad actor
and the 43-year-old Magic Mike XXL
star are allegedly ending their 17-year marriage, and have "decided to pull the plug in a carefully choreographed manner," RadarOnline
reported on Monday. The tabloid says the pair plan to announce their split at the end of the summer, but have already worked out a confidential settlement to protect their $240 fortune.
But Gossip Cop
says there's no truth to it, reporting that they've already been told by an "impeccable Smith family source" that it's simply "not true."
ET has reached out to both Will and Jada's reps, but have received no comment.
This, of course, is not the first time the couple has faced split rumors. In June, Jada stressed to ET that her relationship with Will was just as strong as ever
, despite the continuous speculation.
"Will and I love each other so much, and our family and our relationship is so important," Jada told ET's Kevin Frazier. "You'd think people would be rooting for you to stay together not to break up, you know? ... Just so that you know, we're not getting a divorce... again!"
Jada and Will have been married since December 1997, and have two children together, 17-year-old Jaden and 14-year-old Willow. Jada, once again, addresses the longtime split rumors in the August issue of American Way
"Every year there's a new one [divorce report], and I'm like, 'Here we go. Get ready. Are ya holdin' on tight?'" she says in the interview. "Marriages go through shifts, and relationships go through shifts because in life things shift. So people are automatically like, 'What's going on? They must be getting a divorce.' Well, no. But when people feel those shifts and there's a mystery, they have to fill it with something."
Of course, people have been fascinated with Will and Jada's relationship for years.
In June, Jada grabbed headlines when she surprisingly revealed on Howard Stern's Sirius XM show that her and Will are open with one another about their crushes
. "Oh, absolutely
. You have to in this business!" she said passionately. "Because I'm gonna know anyway."
"You gotta trust who you're with," she added. "I'm not here to be anybody's watcher. He's a grown man. And I trust that the man Will is, is a man of integrity. He's got all the freedom in the world. As long as Will can look at himself in the mirror and be OK, I'm good."