A representative for the Stefanovic, 43, told the publication: "It is not true."
This isn't the first rumour to come out about the stars, in November 2018, several published reports surfaced that Yarbrough, was pregnant with his child.
However, when approached for comment regarding the explosive claims, the Today show host's manager Sharon Finnigan said, "Absolute bulls***."
Regardless, the couple appears to be enjoying some quality time together as they spent the festive season posing for a sweet snap!
Too cute!