According to James Schamus, a longtime Lee collaborator and producer of Brokeback Mountain, the reports are false.
He explains, "It (the rumour) came from a couple of bites on the internet that collided.
"It showed up on one of these gossip sites, and Ang and I were like, 'Huh? What?'
"I'm a Dusty Springfield fan, but it's all completely fabricated."