Have the rumored couple called it quits?

Kate Hudson and Lance Armstrong have reportedly put the kibosh on their rumored relationship, according to Us magazine.

"There was no drama or ugliness -- they just decided to end things," a source tells the mag. "There is no hatred, just sadness."

The blonde beauty and her byciclist beau supposedly enjoyed a three-month romance, which was marked by a number of high-profile spottings around Austin, New York and L.A.

Us mag says neither star's rep has commented.