The couple's married life has been dogged by controversy in the recent past, with rumours that they have gone splitsville after 17 years of marital bliss.
On Monday, they issued a joint statement to a media outlet, saying that they have separated, but are on a "break" to "figure out our lives".
While sharing a link of the article with their social media followers, Arbaaz and Malaika shared: "Humble request to the media, stop speculating and leave us alone. Will talk when ready, please respect our privacy."
The rumours of the couple's split started when an online platform reported that Malaika has moved out of their home with their son Arhaan.